131st MAINE LEGISLATURE
LD 470 LR 272(01)
An Act to Support Lead Abatement in Older Residential Properties
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Cloutier of Lewiston
Committee: Housing
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2022-23 FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000
Appropriations/Allocations
General Fund $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations of $1.0 million per year beginning in fiscal year 2022-23 to the Lead Abatement Fund within the Maine State Housing Authority (MSHA) for the abatement of lead paint hazards in residential housing and for the costs to MSHA to administer the program.