LD 1894 LR 2868(09)
An Act To Correct Errors and Inconsistencies in the Laws of Maine
Fiscal Note for House Amendment " " to Committee Amendment "A"
Sponsor: Rep. Luchini of Ellsworth
Fiscal Note Required: Yes
Fiscal Note
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
General Fund $0 $0 $0 $0
General Fund $0 $0 $0 $0
Other Special Revenue Funds $0 $0 $0 $0
Fiscal Detail and Notes
This amendment will transfer $1,000,000 from the Maine Clean Election Fund (MCEF) within the Commission on Governmental Ethics and Election Practices to the unappropriated surplus of the General Fund within 10 days of the effective date of this bill. (This fiscal note assumes that will occur early in fiscal year 2018-19.) It is anticipated that this will leave a cash balance of approximately $3,300,000 in the MCEF. This amendment also reverses this transaction later in fiscal year 2018-19 by transferring, on or before January 1, 2019, $1,000,000 from the General Fund back to the MCEF. As amended, the MCEF may require additional allocation if the full amount of funding available in fiscal year 2018-19 is to be expended. That allocation will need to be provided either by additional legislative action or by financial order.