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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1939 |
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An Act
To Decrease Insurance Fraud in This State |
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LR 2673(01) |
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Fiscal Note for Original Bill |
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Sponsor: Rep. Bunker of Kossuth Township |
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Committee: Insurance and Financial Services |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2003-04 |
2004-05 |
2005-06 |
2006-07 |
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Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$370,947
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$357,747
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$357,747
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Revenue |
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Other Special Revenue Funds |
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$0 |
$370,947 |
$357,747 |
$357,747 |
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Fiscal Detail
and Notes |
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The
fiscal note assumes the new Insurance Fraud Investigative Unit in the Bureau
of Insurance will require the creation and funding of two Fraud Investigator
positions and one Attorney position in the Bureau, and assumes funding to
cover the expenses of one Assistant Attorney General. Assessment revenue authorized in the bill
will generate sufficient revenue to fund the new Unit. |
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