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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 847 |
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An
Act To Offer Zero-interest Loans to Employers Providing Bicycle
Facilities |
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LR 1064(01) |
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Fiscal Note for Original Bill |
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Sponsor: Rep. Suslovic of Portland |
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Committee: Business, Research and Economic
Development |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Undetermined current biennium cost increase - Fund for a Healthy
Maine |
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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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$16,000 |
$3,000 |
$3,000 |
$3,000 |
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Appropriations/Allocations |
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General Fund |
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$16,000 |
$3,000 |
$3,000 |
$3,000 |
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Fiscal Detail
and Notes |
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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. |
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