LD 367 LR 2172(02)
An Act To Implement the Recommendations of the Government Oversight Committee To Develop a Long-range Strategic Plan for Economic Improvement in the State
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor, Commerce, Research and Economic Development
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 $270,000 $120,000 $120,000 $120,000
General Fund $270,000 $120,000 $120,000 $120,000
Fiscal Detail and Notes
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.