LD 1601 LR 1069(02)
An Act To Amend the Laws Governing the Educators for Maine Program
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
Fiscal Note
Potential increase in number and amount of loans granted - Educators for Maine Program
Fiscal Detail and Notes
Changes made to certain provisions of law governing the Educators for Maine Program administered by the Finance Authority of Maine (FAME) in this legislation may increase the number of loans or the amount of loans granted under the program.  The impact can not be determined at this time.  However, FAME has indicated that the funding available for the program is sufficient to cover any increase in costs and no additional funding is required.