126th MAINE LEGISLATURE
LD 1463 LR 25(02)
An Act To Examine Best Practices Relating to Tax Expenditures
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium cost increase - General Fund
Fiscal Detail and Notes
The Office of Program Evaluation and Government Accountability will require the extension of a limited-period position at a cost of $69,254 and an additional $40,000 for outside consulting services to develop the process for the review of tax expenditures specified in this Resolve.  The office has sufficient balances carried forward to fund the additional General Fund costs for the extension of the limited-period position and additional consulting services subject to approval by the Legislative Council.  If the use of available balance forward is not approved by the Legislative Council, then a one-time General Fund appropriation of $109,254 in fiscal year 2014-15 will be required.  
Additional costs to the Departments of Economic and Community Development and Administrative and Financial Services associated with providing information and assistance can be absorbed within existing budgeted resources.