129th MAINE LEGISLATURE
LD 909 LR 1479(01)
Resolve, Directing the Commissioner of Economic and Community Development To Establish a Blockchain Technology Working Group
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Wadsworth of Hiram
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 $100,000 $0 $0 $0
Appropriations/Allocations
General Fund $100,000 $0 $0 $0
Fiscal Detail and Notes
The Administration - Economic and Community Development program within the Department of Economic and Community Development will require a one-time General Fund appropriation of $100,000 in fiscal year 2019-20 to contract with a consultant to assist in the development of a master plan for fostering the expansion of the blockchain technology industry in the State.