LD 260 LR 1211(02)
An Act To Create the Maine Energy Office
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
Fiscal Note
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
General Fund $0 $75,000 $300,000 $300,000
General Fund $0 $75,000 $300,000 $300,000
Federal Expenditures Fund $0 $0 $0 $0
Other Special Revenue Funds $0 $500 $500 $500
Fiscal Detail and Notes
This bill establishes the Maine Energy Office (MEO) and transfers the staff, powers, duties and functions of the Governor's Energy Office (GEO) to it on January 1, 2019.  The GEO is eliminated and the bill includes Federal Expenditures Fund and Other Special Revenue Funds deallocations to the GEO and corresponding allocations to the MEO. The bill also includes General Fund appropriations to the MEO of $75,000 in fiscal year 2018-19 for activities relating to energy resources, planning and development. The Maine Energy Resources Development Program is established with a $500 allocation to promote energy research and demonstration activities as future funding allows. The MEO may receive funds from the Efficiency Maine Trust (EMT) for office activities that are reasonably related to programs or activities of the EMT.