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132nd MAINE LEGISLATURE |
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LD 1819 |
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LR 94(02) |
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An Act Regarding
the Brunswick Naval Air Station Job Increment Financing Fund |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Housing and Economic Development |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
Net Cost
(Savings) |
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General Fund |
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$0 |
$304,000 |
$313,500 |
$323,000 |
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Revenue |
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General Fund |
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$0 |
($304,000) |
($313,500) |
($323,000) |
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Other Special Revenue Funds |
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$0 |
($16,000) |
($16,500) |
($17,000) |
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Fiscal Detail
and Notes |
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This bill
includes a revenue decrease to the General Fund of $304,000 in fiscal year
2026-27 by expanding the definition of "employee" to include remote
workers of businesses in the Midcoast Regional Redevelopment Authority, which
owns and administers the former Brunswick Naval Air Station, for purposes of
calculating disbursements by the State into the Brunswick Naval Air Station
Job Increment Financing Fund. The bill also includes a revenue decrease to
the Local Government Fund of $16,000 in fiscal year 2026-27. |
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Any additional
costs to the Department of Economic and Community Development to adopt the
changes in this bill are expected to be minor and can be absorbed within
existing budgeted resources. |
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