|129th MAINE LEGISLATURE|
|LD 1544||LR 1887(03)|
|An Act To Enact the Maine Revised Unclaimed Property Act|
|Fiscal Note for Bill as Amended by Committee Amendment " "|
|Fiscal Note Required: Yes|
|Minor cost increase - General Fund
Minor revenue increase - General Fund
Minor revenue increase - Other Special Revenue Funds
|Correctional and Judicial Impact Statements|
|This bill may
increase the number of civil suits filed in the court system.
The additional workload associated with the minimal number of new cases filed in the court system does not require additional funding at this time.
The collection of additional filing fees may increase General Fund and other dedicated revenue by minor amounts.
|Fiscal Detail and Notes|
|The Office of the State Treasurer administers the unclaimed property function of the State. That office has indicated that the changes in this bill will have no fiscal impact. Therefore, the revenues turned over annually to the General Fund from this function are not expected to be affected by the provisions of this bill.|