130th MAINE LEGISLATURE
LD 120 LR 380(07)
An Act To Lower Health Care Costs through the Establishment of the Office of Affordable Health Care
Fiscal Note for Bill as Engrossed with:
C "A" (S-275)
S "A" (S-368) to C "A" (S-275)
Committee: Health Coverage, Insurance and Financial Services
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund ($291,382) ($403,831) $0 $0
Transfers
General Fund $291,382 $403,831 $0 $0
Other Special Revenue Funds ($291,382) ($403,831) $0 $0
Fiscal Detail and Notes
This bill creates the Office of Affordable Health Care, but the appropriations and allocations for the new office were inadvertently deleted from the final bill in error and this will need to be corrected in another bill. This bill includes transfers of $291,382 from the Department of Professional and Financial Regulation, Bureau of Insurance, Other Special Revenue Funds account to the unappropriated surplus of the General Fund in fiscal year 2021-22 and transfers $403,831 from the Department of Administrative and Financial Services, Medical Use of Marijuana Fund, Other Special Revenue Funds account to the unappropriated surplus of the General Fund in fiscal year 2022-23.
Any additional costs to the Department of Health and Human Services and the Department of Administrative and Financial Services to serve on the Advisory Council are expected to be minor and can be absorbed within existing budgeted resources.