LD 1324 LR 809(02)
Resolve, To Establish the Committee To Study the Feasibility of Creating Basic Income Security
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor and Housing
Fiscal Note Required: Yes
Fiscal Note
Legislative Cost/Study
Legislative Cost/Study
The general operating expenses of this study are projected to be $3,250 in fiscal year 2019-20 and $3,250 in fiscal year 2020-21.  An estimated $6,190 is available in each of fiscal years 2019-20 and 2020-21 in the Legislature's proposed budget for legislative studies as well as any balances from prior years for this purpose. Whether these amounts are sufficient to fund all studies will depend on the number of studies authorized by the Legislative Council and the Legislature. The additional costs of providing staffing assistance to the study during the interim can be absorbed utilizing existing budgeted staff resources. The committee is required to seek outside funding contributions to fully fund the costs of the study. If sufficient funding is not received within 30 days of the effective date of this resolve, no meetings are authorized and no expenses may be incurred.
Fiscal Detail and Notes
Any costs to the Governor's Office or to Maine Revenue Services, within the Department of Administrative and Financial Services, to provide input to the Committee to Study the Feasibility of Creating Basic Income Security can be absorbed within existing budgeted resources.