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126th MAINE LEGISLATURE |
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LD 351 |
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LR 396(01) |
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An Act To
Authorize the Provision of Insurance on Student Loans |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Cain of Penobscot |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Potential liability increase - Other Funds |
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Fiscal Detail
and Notes |
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Authorizing the
Finance Authority of Maine to provide loan insurance on supplemental student
loans increases its exposure to default risk. |
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