| 125th MAINE LEGISLATURE | ||||||
| LD 438 | LR 1185(01) | |||||
| An Act To Provide Seed Money for the Construction of Senior Housing in the Town of Newport | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Fredette of Newport | ||||||
| Committee: Labor, Commerce, Research and Economic Development | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Net Cost (Savings) | ||||||
| General Fund | $50,000 | $0 | $0 | $0 | ||
| Appropriations/Allocations | ||||||
| General Fund | $50,000 | $0 | $0 | $0 | ||
| Fiscal Detail and Notes | ||||||
| This bill includes a one-time General Fund appropriation of $50,000 in fiscal year 2011-12 to provide seed funding for the construction of senior housing in the Town of Newport. This funding is contingent upon the community contributing matching funds on a one-to-one basis. | ||||||