123rd MAINE LEGISLATURE
LD 645 LR 1760(01)
An Act To Promote Municipal Energy Conservation
Fiscal Note for Original Bill
Sponsor: Rep. Eberle of South Portland
Committee: Utilities and Energy
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $200,000 $200,000 $200,000 $200,000
Appropriations/Allocations
General Fund $200,000 $200,000 $200,000 $200,000
Fiscal Detail and Notes
This legislation establishes a Municipal Energy Savings Evaluation Fund to be administered by the Maine Municipal Bond Bank.  The Maine Municipal Bond Bank would provide grants to municipalities for conservation measures and improvements in municipal buildings.  The bill requires a minimun of 5 grants by made annually for up to $40,000 each but does not provide any funding for the grants.  A General Fund appropriation of $200,000 is needed to provide for the minimun annually beginning in fiscal year 2007-08.