123rd MAINE LEGISLATURE
		LD 645		LR 1760(02)
	An Act To Promote Municipal Energy Conservation
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Utilities and Energy
	Fiscal Note Required: Yes
Fiscal Note
Minor cost increase - Maine Municipal Bond Bank
Fiscal Detail and Notes
	This legislation expands the existing Efficiency Partners Program administered by the Maine Municipal Bond Bank (MMBB) to include loans for energy audits.  The program is currently statutorily authorized to provide loans through the MMBB for energy efficiency improvements in municipal and school buildings pursuant to 30-A MRSA§5953-C.  The program has not been active and has no loans outstanding as of this date.  This proposed program expansion to allow loans for energy audits will result in no cost to the State of Maine or the General  Fund.  The MMBB can absorb the costs associated with meeting the annual report requirement to the Joint Standing Committee on Utilities and Energy.