LD 813 LR 1038(01)
Resolve, To Encourage Relocation of Working Professionals
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Chenette of York
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $187,357 $63,303 $0 $0
General Fund $187,357 $63,303 $0 $0
Fiscal Detail and Notes
The Community Development Block Grant program within the Department of Economic and Community Development will require one-time General Fund appropriations totaling $187,357 in fiscal year 2019-20 and $63,303 in fiscal year 2020-21 for the New Remote Worker Grant Program that begins on January 1, 2020 and ends on December 31, 2020.  Of these amounts, $47,357 and $53,303 in fiscal years 2019-20 and 2020-21, respectively, are provided for one limited-period Development Program Manager position and related All Other costs to design and implement the one-year pilot program to encourage remote workers to relocate to the State.  General Fund appropriations of $140,000 in fiscal year 2019-20 and $10,000 in fiscal year 2020-21 are provided for marketing and for grants to reimburse certified relocation costs.