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129th MAINE LEGISLATURE |
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LD 371 |
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LR 2023(01) |
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An Act To Create
the Small Communities Tourism Fund |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Herbig of Waldo |
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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 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$500 |
$500 |
$500 |
$500 |
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Fiscal Detail
and Notes |
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This bill
establishes the Small Communities Tourism Fund within the Department of
Economic and Community Development, Office of Tourism to provide grants to
small communities to promote tourism and events from funds received from
appropriations, allocations and contributions from private and public
sources. The Small Communities Tourism
Fund will require Other Special Revenue Funds base allocations of $500 per
year beginning in fiscal year 2019-20 to allow expenditure of any funds
received other than General Fund appropriations. |
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Additional costs
to the Office of Tourism associated with the rulemaking process can be
absorbed within existing budgeted resources. |
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