121st Maine Legislature
Office of Fiscal and Program Review
LD 1611
An Act To Provide Affordable Health Insurance to Small Businesses and Individuals and To Control Health Care Costs
LR 2137(11)
Fiscal Note for House Amendment " " to Committee Amendment " "
Sponsor: Rep. Crosthwaite
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings)
General Fund ($53,500,000) ($500,000) ($500,000) ($500,000)
Appropriations/Allocations
General Fund ($500,000) ($500,000) ($500,000) ($500,000)
Federal Expenditures Fund ($973,188) ($47,487,284) ($111,313,873) ($161,845,977)
Other Special Revenue Funds ($2,066,756) ($101,191,729) ($260,850,284) ($327,250,067)
Revenue
Federal Expenditures Fund ($973,188) ($47,487,284) ($111,313,873) ($161,845,977)
Other Special Revenue Funds $0 ($62,457,480) ($251,537,581) ($326,551,591)
Transfers
General Fund $53,000,000 $0 $0 $0
Other Special Revenue Funds ($53,000,000) $0 $0 $0
Fiscal Detail and Notes
This amendment would eliminate all spending and revenue associated with Committee Amendment A.  It is assumed that any additional costs to the Department of Professional and Financial Regulation in implementing the replacement provisions of this amendment can be absorbed by the Department utilizing existing resources.  It is further assumed that any additional costs to the Department of Human Services in securing the necessary approvals and implementing the program under Part C can be absorbed by the Department utilizing existing resources. The fiscal impact of the program that would be implemented under Part C cannot be determined at this time.