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128th MAINE LEGISLATURE |
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LD 1359 |
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LR 532(01) |
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An Act To Adopt
the Interstate Medical Licensure Compact |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Gratwick of Penobscot |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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Minor cost increase - Other Special Revenue Funds
Minor revenue increase - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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Additional costs
to the Board of Licensure in Medicine and the Board of Osteopathic Licensure,
affiliated with the Department of Professional and Financial Regulation, to
participate in the Interstate Medical Licensure Compact can be absorbed
within each board's existing budgeted resources. This legislation may result in increased
dedicated revenue to each board from licensing and renewal fees. The amount of revenue to be received will
depend on the fees established by the interstate commission and the number of
physicians that apply for an expedited license each fiscal year. |
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