Public Laws

123rd Legislature

First Regular Session


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Chapter 240

H.P. 383 - L.D. 499

PART LLL

Sec. LLL-1. 32 MRSA c. 1-A, sub-c. 3  is enacted to read:

SUBCHAPTER 3

REPORT

§ 60-N.   Report

By December 1st of each even-numbered year, the Commissioner of Professional and Financial Regulation shall conduct a review of the fees assessed by the Department of Professional and Financial Regulation and shall provide a written report to the State Budget Officer and the joint standing committees of the Legislature having jurisdiction over appropriations and financial affairs, insurance and financial services matters and business, research and economic development matters identifying any fee changes the commissioner recommends for the next biennium.

Sec. LLL-2. Transfer of funds. Notwithstanding any other provision of law, the State Controller shall transfer $6,500,000 from various accounts within the Other Special Revenue Fund accounts of the Department of Professional and Financial Regulation to the unappropriated surplus of the General Fund no later than June 30, 2007. The amount to be transferred represents available balances. It is the intent of the Legislature that this transfer of funds may not result in an increase in fees assessed.

Office of the Revisor of Statutes
State House, Room 108
Augusta, ME 04333