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129th MAINE LEGISLATURE |
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LD 1324 |
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LR 809(01) |
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Resolve, To
Establish the Committee To Study the Feasibility of Creating Basic Income
Security |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Vitelli of Sagadahoc |
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Committee: Labor and Housing |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Legislative Cost/Study |
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Legislative
Cost/Study |
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The general
operating expenses of this study are projected to be $4,250 in fiscal year
2019-20. An estimated $6,190 is available in each of fiscal years 2019-20 and
2020-21 in the Legislature's proposed budget for legislative studies as well
as any balances from prior years for this purpose. Whether these amounts are
sufficient to fund all studies will depend on the number of studies
authorized by the Legislative Council and the Legislature. The additional
costs of providing staffing assistance to the study during the interim can be
absorbed utilizing existing budgeted staff resources. The committee is
required to seek outside funding contributions to fully fund the costs of the
study. If sufficient funding is not received within 30 days of the effective
date of this resolve, no meetings are authorized and no expenses may be
incurred. |
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Fiscal Detail
and Notes |
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Any costs to the
Governor's Office to serve on the Committee to Study the Feasibility of
Creating Basic Income Security can be absorbed within existing budgeted
resources. |
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