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128th MAINE LEGISLATURE |
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LD 367 |
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LR 2172(01) |
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An Act To
Implement the Recommendations of the Government Oversight Committee To
Develop a Long-range Strategic Plan for Economic Improvement in the State |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Rep. Mastraccio of Sanford |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
| Net Cost
(Savings) |
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General Fund |
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$270,000 |
$120,000 |
$120,000 |
$120,000 |
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| Appropriations/Allocations |
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General Fund |
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$270,000 |
$120,000 |
$120,000 |
$120,000 |
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| Fiscal Detail
and Notes |
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This bill includes
General Fund appropriations totaling $270,000 in fiscal year 2017-18 and
$120,000 in fiscal year 2018-19 to the Maine Economic Growth Council within
the Department of Economic and Community Development to develop and maintain
a long-range strategic economic improvement plan for the State. Of these amounts, $150,000 is provided on a
one-time basis in fiscal year 2017-18 for the initial development of the plan
and $120,000 is provided annually beginning in fiscal year 2017-18 for the
ongoing costs of monitoring, assessing and revising the plan. |
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