128th MAINE LEGISLATURE
		LD 718		LR 1552(01)
	An Act To Reinstitute the Maine Health Exchange Advisory Committee
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Brooks of Lewiston
	Committee: Insurance and Financial Services
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Legislative Cost/Study
			FY 2017-18	FY 2018-19	Projections  FY 2019-20	Projections  FY 2020-21
Net Cost (Savings)
	General Fund		$25,000	$25,000	$25,000	$25,000
Appropriations/Allocations
	General Fund		$25,000	$25,000	$25,000	$25,000
	Other Special Revenue Funds		$500	$500	$500	$500
Legislative Cost/Study
	The general operating expenses of this Advisory Committee are projected to be $1,950 in fiscal year 2017-18 and $1,950 in fiscal year 2018-19. The Legislature's proposed budget includes $10,000 in fiscal year 2017-18 and $10,000 in fiscal year 2018-19 for legislative studies. Whether the amounts are sufficient to fund all studies will depend on the number of studies authorized by the Legislative Council and the Legislature. The additional costs of providing staffing assistance to the study during the interim can be absorbed utilizing existing budgeted staff resources.
Fiscal Detail and Notes
	The bill's requirement for the Legislative Council to provide year-round staffing for the Advisory Committee would require an appropriation of $25,000 per year for the costs of supporting the Advisory Committee during the Legislative session. In addition, the bills requirement that all funds provided to the Advisory Committee be deposited in an account separate from all other funds of the Legislature would require an Other Special Revenue Funds allocation of $500 in the event the Advisory Committee receives grants and other nongovernmental funds.
	Any additional costs to the Department of Professional and Financial Regulation and the Department of Health and Human Services to implement the provisions of this bill are expected to be minor and can be absorbed within existing budgeted resources.