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126th MAINE LEGISLATURE |
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LD 157 |
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LR 535(01) |
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An Act To Modify
Administration of the Fund Insurance Review Board |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Rep. Welsh of Rockport |
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Committee: Environment and Natural Resources |
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Fiscal Note Required: No |
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Preliminary
Fiscal Impact Statement |
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No net fiscal impact - Other Special Revenue Funds |
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Fiscal Detail and
Notes |
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Currently the
Department of Environmental Protection (DEP) reimburses the Finance Authority
of Maine (FAME) for any expenses FAME incurs to provide assistance to the
Fund Insurance Review Board. Removing FAME from this function will mean that
the DEP will no longer reimburse FAME but will handle the administrative
expenses directly. There should be no net fiscal impact to any of the
entities involved. |
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