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132nd MAINE LEGISLATURE |
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LD 1943 |
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LR 2264(02) |
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Resolve, to
Establish a Commission to Study the Role of Private Equity in Maine's Economy
and in Key Economic Sectors |
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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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| Legislative Cost/Study |
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| Legislative
Cost/Study |
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The general
operating expenses of this study are projected to be $3,050 in fiscal year
2025-26. The Legislature’s proposed budget for the 2026-2027 biennium
includes $22,196 in each of fiscal years 2025-26 and 2026-27 for the costs of
legislative studies, as well as $8,265 in projected balances from fiscal year
2024-25 and $33,073 of balances carried over from prior years for this
purpose. Whether these amounts are sufficient to fund all studies will depend
on the number of studies authorized by the Legislative Council and the
Legislature. The additional costs of providing staffing assistance to the
study during the interim can be absorbed utilizing existing budgeted staff
resources. |
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| Fiscal Detail
and Notes |
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Any additional
costs to the Department of Health and Human Services, the Department of
Economic and Community Development, the Department of Administrative and
Financial Services and the Finance Authority of Maine to participate in a
study commission are expected to be minor and can be absorbed within existing
budgeted resources. |
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