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129th MAINE LEGISLATURE |
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LD 3 |
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LR 290(01) |
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An Act To Enhance
and Increase the Availability of Mental Health Providers in Maine |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Handy of Lewiston |
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Committee: Innovation, Development, Economic
Advancement and Business |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2018-19 |
FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
Net Cost
(Savings) |
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General Fund |
$1,000,000 |
$0 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
$1,000,000 |
$0 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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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. |
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