121st Maine Legislature
Office of Fiscal and Program Review
LD 913
An Act to Increase Community Development Block Grants
LR 0663(01)
Fiscal Note for Original Bill
Sponsor: Rep. Jackson
Committee: Business, Research and Economic Development
Fiscal Note Required: Yes
   
             
Fiscal Note
Potential current biennium cost increase - Federal Block Grant Funds
Fiscal Detail and Notes
Based on an understanding that the intent of this concept draft is not to increase the total amount of Community Development Block Grant money disbursed to individual towns, but to increase the amount that a town may disburse for individual home improvement projects, there would be no fiscal impact to the department.  However, if the details of the final bill require additional Community Development Block Grant funds be dedicated to home improvement grants to municipalities, there will be an impact to the Department of Economic and Community Development.