| 124th MAINE LEGISLATURE | ||||||
| LD 921 | LR 726(01) | |||||
| An Act To Eliminate Maine Clean Election Act Funding for Gubernatorial Candidates | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Davis of Cumberland | ||||||
| Committee: Legal and Veterans Affairs | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Appropriations/Allocations | ||||||
| Other Special Revenue Funds | ($3,600,000) | ($1,800,000) | $0 | $0 | ||
| Revenue | ||||||
| Other Special Revenue Funds | ($81,250) | $0 | $0 | $0 | ||
| Fiscal Detail and Notes | ||||||
| Eliminating Maine Clean Election Act funding for gubernatorial candidates would result in an Other Special Revenue Funds deallocation to the Commission on Governmental Ethics and Election Practices of $3,600,000 in fiscal year 2009-10 and $1,800,000 in fiscal year 2010-11. It would also result in a reduction in Other Special Revenue Funds revenue of $81,250 in fiscal year 2009-10 from reduced qualifying contributions. | ||||||
| This bill does not address the $2,000,000 transfer from the General Fund to the Maine Clean Election Fund that occurs every January 1 per Title 21-A, c. 14, section 1124. | ||||||