Bill Summary – FastDemocracy

                                                                                       Approved: 05/21/19


                                 129th MAINE LEGISLATURE
                                         LD 1342                           LR 1907(01)

    An Act To Establish the Maine Workforce, Research, Development and Student Achievement Institute

                            Preliminary Fiscal Impact Statement for Original Bill
                                Sponsor: Rep. Larsen-Daughtry of Brunswick
                   Committee: Innovation, Development, Economic Advancement and Business
                                          Fiscal Note Required: Yes


                                    Preliminary Fiscal Impact Statement

                                                                                             Projections      Projections
                                                            FY 2019-20        FY 2020-21     FY 2021-22       FY 2022-23
Net Cost (Savings)
    General Fund                                              $250,390          $250,390       $250,390         $250,390

Appropriations/Allocations
   General Fund                                               $250,390          $250,390       $250,390         $250,390

Fiscal Detail and Notes
    The bill would require an appropriation of $250,390 per year beginning in 2019-20 to the Legislature for the costs of
    the Legislature to contract on an ongoing basis with the University of Maine System to establish and maintain the
    Maine Workforce, Research, Development and Student Achievement Institute.

    Additional costs to the Departments of Education and Economic and Community Development, the State Board of
    Education and the State Workforce Board to serve on the steering committee can be absorbed within existing
    budgeted resources.



                                            LR1907(01) - Fiscal Note - Page 1 of 1
