121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1190
		An Act To Create the Comprehensive Health Insurance Risk Pool Association
		LR 0436(01)
		Fiscal Note for Original Bill
		Sponsor: Sen. LaFountain of York
		Committee: Insurance and Financial Services
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	$840	$840	$840
Appropriations/Allocations
	General Fund		$0	$840	$840	$840
Fiscal Detail and Notes
	This bill authorizes two legislators to serve on the Board of Directors of the Comprehensive Health Insurance Risk Pool Association and will require a General Fund appropriation to the Legislature of $840 annually beginning in fiscal year 2004-05.  This appropriation will provide funds for the per diem and expenses for the two legislators and assumes 4 meetings per year.  The fiscal note assumes the Comprehensive Health Insurance Risk Pool Association would not require any additional appropriation or allocation of resources and would not result in transactions on the state's books because the Association would be established as an independent non-profit legal entity. Any additional cost to the Department of Professional and Financial Regulation in implementing this legislation can be absorbed by the department utilizing existing resources.