126th MAINE LEGISLATURE
LD 1838 LR 2732(02)
An Act To Expand Affordable Heating Investments with Maine's Public Resources
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
             
Fiscal Note
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Appropriations/Allocations
Other Special Revenue Funds $0 $500 $500 $500
Fiscal Detail and Notes
The bill establishes the Low-income Affordable Heating Assistance from Maine's Forests Fund within Efficiency Maine Trust to be used for investments in affordable measures reducing residential heating costs for persons eligible for the Low Income Home Energy Assistance Program. This bill includes a $500 Other Special Revenue Funds allocation in fiscal year 2014-15 to establish the new fund. This fund will receive money from the Public Reserved Lands Management Fund within the Department of Agriculture, Conservation and Forestry if the Director of the Bureau of Parks and Lands (BPL) determines that the transfer of funds will not significantly impair management of public lands. This new fund will receive $500,000 on September 1, 2014 and either $1,000,000 or $1,250,000 on July 1, 2015, and July 1st in every subsequent year, depending on the number of cords of wood harvested from the public reserved lands. The transfer is not shown in the accounting because it is contingent on the BPL Director's approval.