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130th MAINE LEGISLATURE |
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LD 1493 |
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LR 1893(02) |
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Resolve,
Directing the Department of Economic and Community Development To Create and
Administer a Fund To Provide Seasonal and Tourism Industry Recovery Grants |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Innovation, Development, Economic
Advancement and Business |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Potential current biennium cost increase - American Rescue Plan
Act funds |
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| Fiscal Detail
and Notes |
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This legislation
requires the Department of Economic and Community Development to create a
program to provide grants to seasonal and tourism industry businesses with a
demonstrated financial loss as a result of economic disruptions due the
COVID-19 pandemic utilizing funds from the American Rescue Plan Act (ARPA) if
these funds are eligible to be used for this purpose. It is assumed that if ARPA funds are not
allowed to be used, no grants will be provided. |
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