| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 1464 | |||||||
| Resolve, Amending the Commissioner of Administrative and Financial Services' Authorization To Convey a Portion of the Kennebec Arsenal in Augusta Pursuant to Resolve 1999, Chapter 56 and To Direct Proceeds from the Sale of the Maine State Prison Property in Thomaston | |||||||
| LR 1987(02) | |||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||
| Committee: State and Local Government | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Potential current biennium revenue decrease - General Fund | |||||||
| Potential current biennium revenue increase - Other Special Revenue Funds | |||||||
| Fiscal Detail and Notes | |||||||
| Selling the interests of the State in the Kennebec Arsenal property in Augusta and the Maine State Prison property in Thomaston will result in an increase in revenue to the Maine State Housing Authority's Housing Opportunities for Maine Fund in an amount to be determined by an independent appraiser. If these funds were not dedicated by the bill, the revenue would go to the General Fund. Chapter 20 of the Public Laws of 2003 authorized the use of the proceeds from the sale of parcels of land to finance affordable housing. | |||||||