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126th MAINE LEGISLATURE |
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LD 1309 |
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LR 1748(01) |
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An Act To
Strengthen the Maine Clean Election Act |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Youngblood of Penobscot |
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Committee: Veterans and Legal Affairs |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2013-14 |
FY 2014-15 |
Projections FY 2015-16 |
Projections FY 2016-17 |
Net Cost
(Savings) |
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General Fund |
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$4,500,000 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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Other Special Revenue Funds |
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$6,371,865 |
$1,674,499 |
$3,067,895 |
$798,761 |
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Revenue |
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General Fund |
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($4,500,000) |
$0 |
$0 |
$0 |
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Other Special Revenue Funds |
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$4,719,600 |
$72,075 |
$101,016 |
$33,154 |
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Fiscal Detail
and Notes |
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This legislation
establishes an opportunity for legislative and gubernatorial candidates to
qualify for a supplemental payment.
The Commission on Governmental Ethics and Election Practices will
require an Other Special Revenue Funds allocation of $6,351,750 in fiscal
year 2013-14 and $1,653,750 in fiscal year 2014-15 to distribute these
payments. In order to qualify for a
supplemental payment candidates must collect additional qualifying
contributions, therefore Other Special Revenue Funds revenue will increase by
$219,600 in fiscal year 2013-14 and $72,075 in fiscal year 2014-15. The Commission will also require an Other
Special Revenue Funds allocation of $20,115 in fiscal year 2013-14 and
$20,749 in fiscal year 2014-15 for one limited-period Project position to
process additional qualifying contributions and distributions. Additionally, the commission will require a
revenue transfer from the General Fund of $4,500,000 in fiscal year 2013-14
to fund these payments. |
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