| 124th MAINE LEGISLATURE | ||||||
| LD 1761 | LR 2327(02) | |||||
| An Act To Authorize a General Fund Bond Issue To Create a New Electronic Medical Records Infrastructure | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Health and Human Services | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| Current biennium cost increase - General Fund | ||||||
| Bond Issues | Term (years) | Principal | Rate (%) | Interest | Total Cost | |
| General Fund - Taxable | 10 | $10,000,000 | 4.5% | $2,475,000 | $12,475,000 | |
| Referendum Costs | Month/Year | Election Type | Question | Length | ||
| Nov-10 | General | Bond Issue | Standard | |||
| The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November. If the number or size of the referendum questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required. | ||||||
| Fiscal Detail and Notes | ||||||
| Because this legislation allows for the costs and expenses of maintaining, servicing and administering the fund to be paid out of the fund, there is no net fiscal impact to the Finance Authority of Maine. | ||||||