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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1442 |
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An Act
to Provide Administrative Support to the Treasurer of State's Cash Pool |
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LR 1933(01) |
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Fiscal Note for Original Bill |
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Sponsor:
Sen. Turner of Cumberland |
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Committee:
Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current biennium revenue increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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Authorizing
the Treasurer of the State to charge a nominal fee to recover the cost of
providing investing services to non-state entities that invest in the
Treasurer's Cash Pool will result in an increase in dedicated revenue to the
Treasurer in an amount that can not be determined at this time. The additional cost to the Finance
Authority of Maine, the University of Maine System, the Maine Community
College System and the Maine Maritime Academy if this measure is approved can
not be determined at this time. |
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