LD 656 LR 1800(01)
An Act To Improve the Ability of Maine Companies To Manufacture and Market Bioplastics
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Dill of Penobscot
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
General Fund $1,500,000 $0 $0 $0
General Fund $1,500,000 $0 $0 $0
Fiscal Detail and Notes
This bill includes a one-time General Fund appropriation of $1,500,000 in fiscal year 2017-18 to the Office of Innovation within the Department of Economic and Community Development for the Maine Technology Institute to provide competitive grants for the development, production and marketing of bioplastics.