130th MAINE LEGISLATURE
LD 372 LR 876(09)
An Act To Provide Maine Children Access to Affordable Health Care
Fiscal Note for Senate Amendment " " to Committee Amendment "C"
Sponsor: Sen. Breen of Cumberland
Fiscal Note Required: Yes
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $0 ($3,256,625) ($6,229,892) ($6,229,892)
Appropriations/Allocations
General Fund $0 ($3,256,625) ($6,229,892) ($6,229,892)
Federal Expenditures Fund $0 ($386,079) $0 $0
Other Special Revenue Funds $0 $11,946,265 $0 $0
Federal Block Grant Fund $0 ($9,008,716) ($18,017,432) ($18,017,432)
Revenue
Federal Expenditures Fund $0 ($386,079) $0 $0
Federal Block Grant Fund $0 ($9,008,716) ($18,017,432) ($18,017,432)
Transfers
General Fund $0 $0 $0 $0
Other Special Revenue Funds $0 $0 $0 $0
Fiscal Detail and Notes
This amendment strikes the entire bill and replaces with new language. The amendment includes a one-time Other Special Revenue Funds allocation to the Finance Authority of Maine of $12,000,000 in fiscal year 2022-23 for the Hospital - Hospital System Loans Fund. It also includes a transfer of $12,000,000, by June 30th, 2022, from the MaineCare Stabilization Fund to the unappropriated surplus of the general fund and a transfer of $12,000,000, by June 30th 2022, from the unappropriated surplus of the General Fund to the Hospital - Hospital System Loans Fund.