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126th MAINE LEGISLATURE |
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LD 1546 |
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LR 2143(06) |
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An Act To
Strengthen Maine's Hospitals, Increase Access to Health Care and Provide for
a New Spirits Contract |
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Fiscal Note for
Senate Amendment " " to
Original Bill |
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Sponsor: Sen. Jackson of Aroostook |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current biennium cost increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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This amendment
strips the emergency, delaying the effective date of the bill. Given the length of time required to issue
the liquor operation revenue bonds after the effective date, this amendment
would eliminate the potential for issuing the bonds prior to September
30th. If the bond proceeds are
available for the payments to hospitals prior to September 30, 2013, the net
bond proceeds required for the state share would be $5,000,000 less than the
$188,500,000 authorized in the bill. |
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The delay in the
effective date will slow the contracting process for the contracts for the
operation of liquor sales. Assuming
adequate preparation can begin before the effective date, the contract awards
and appeals should be able to be completed before the current contract's end
date. |
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No adjustments to
the appropriations and allocations included in the bill are required. |
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