123rd MAINE LEGISLATURE
LD 636 LR 860(01)
An Act To Create Optional Public Financing of Legislative Leadership Elections
Fiscal Note for Original Bill
Sponsor: Rep. Valentino of Saco
Committee: Legal and Veterans Affairs
Fiscal Note Required: Yes
             
Fiscal Note
Potential future biennium cost increase - General Fund
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Appropriations/Allocations
Other Special Revenue Funds $0 $190,000 $0 $190,000
Fiscal Detail and Notes
The Maine Clean Election Fund , administered by the Commission on Governmental Ethics and Election Practices, will require additional Other Special Revenue Funds allocations of $190,000 in each of fiscal years 2008-09 and 2010-11 for the costs of financing legislative leadership elections; this estimate assumes no more than 2 candidates for each post.  The Maine Clean Election Fund is projected to have adequate budgeted resources for the additional costs in fiscal year 2008-09 but not in fiscal year 2010-11. In the event that the fund does not have adequate resources to fund the additional costs in fiscal year 2010-11, a General Fund appropriation will be required to fund these additional costs for that fiscal year.