132nd MAINE LEGISLATURE
LD 2230 LR 3039(02)
An Act to Invest in the Construction of Industrialized Housing
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Housing and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
General Fund $0 $300,000 $0 $0
Appropriations/Allocations
General Fund $0 $300,000 $0 $0
Other Special Revenue Funds $0 $500 $500 $500
Fiscal Detail and Notes
The bill creates the Industrialized Housing Incentive Program in the Department of Economic and Community Development and provides a one-time General Fund appropriation of $300,000 in fiscal year 2026-27 for the costs of a subject matter expert to design and implement a pilot program. The bill also provides an Other Special Revenue Funds ongoing base allocation of $500 beginning in fiscal year 2026-27 in the event that funds are received for grants to eligible manufacturers of industrialized housing.

Any additional costs to the Maine Office of Community Affairs, Department of Education, and Department of Labor from the provisions of this bill are expected to be minor and can be absorbed within existing budgeted resources.