121st Maine Legislature
Office of Fiscal and Program Review
LD 847
An Act To Offer Zero-interest Loans to Employers Providing Bicycle Facilities     
LR 1064(01)
Fiscal Note for Original Bill
Sponsor: Rep. Suslovic of Portland
Committee: Business, Research and Economic Development
Fiscal Note Required: Yes
   
             
Fiscal Note
Undetermined current biennium cost increase - Fund for a Healthy Maine
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings)
General Fund $16,000 $3,000 $3,000 $3,000
Appropriations/Allocations
General Fund $16,000 $3,000 $3,000 $3,000
Fiscal Detail and Notes
The Finance Authority of Maine will require additional General Fund appropriations of $16,000 in fiscal year 2003-04 and $3,000 in fiscal year 2004-05 to establish and implement the Bycycling Assistance Loan Program.  The additional cost to the Fund For a Healthy Maine associated with the cost of the interest rate subsidy can not be determined at this time.