129th MAINE LEGISLATURE
LD 3 LR 290(01)
An Act To Enhance and Increase the Availability of Mental Health Providers in Maine
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Handy of Lewiston
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2018-19 FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $1,000,000 $0 $0 $0 $0
Appropriations/Allocations
General Fund $1,000,000 $0 $0 $0 $0
Fiscal Detail and Notes
This bill includes a one-time General Fund appropriation of $1,000,000 in fiscal year 2018-19 to a newly created Maine Mental Health Providers Loan Repayment Fund within the Finance Authority of Maine as part of a new Maine Mental Health Providers Loan Repayment Program established to provide up to 3 qualified applicants with $5,000 per year for a period of 5 years to assist the applicant in the repayment of student loans.