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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 163 |
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An Act
to Provide Energy Opportunities to Northern Maine |
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LR 1626(04) |
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Fiscal Note for Senate Amendment " " to
Committee Amendment "A " |
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Sponsor: Sen Cathcart |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2003-04 |
2004-05 |
2005-06 |
2006-07 |
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Net Cost
(Savings) |
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General Fund |
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($315,000) |
($15,000) |
($15,000) |
($15,000) |
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Appropriations/Allocations |
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General Fund |
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($315,000) |
($15,000) |
($15,000) |
($15,000) |
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Fiscal Detail
and Notes |
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This
amendment eliminates the General Fund appropriation in the bill of $315,000
in fiscal year 2003-04 and $15,000 in fiscal year 2004-05 that had been
appropriated for the costs associated with the operation of the Northern
Maine Transmission Corporation including the cost of certain studies. Public Law 1999, c. 513, §6 established
the Northern Maine Transmission Corporation Fund to provide funding for the
activities of the corporation.
However, since there are currently no funds available in the Fund to
support the costs associated with this measure, the elimination of the
General Fund appropriations may result in the Finance Authority of Maine and
the Northern Maine Transmission Corporation not being able to meet the
requirements of this legislation. |
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