130th MAINE LEGISLATURE
LD 219 LR 75(04)
An Act To Improve the Agricultural Marketing Loan Fund and Agricultural Development Grant
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Breen of Cumberland
Fiscal Note Required: Yes
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $0 ($82,760) ($550,000) ($550,000)
Appropriations/Allocations
Other Special Revenue Funds $0 ($82,760) ($550,000) ($550,000)
Transfers
General Fund $0 $82,760 $550,000 $550,000
Other Special Revenue Funds $0 ($82,760) ($550,000) ($550,000)
Fiscal Detail and Notes
This amendment replaces the bill's ongoing transfer of $550,000 from the unappropriated surplus of the General Fund to the Department of Agriculture, Conservation and Forestry, Agricultural Development Fund, Other Special Revenue Funds account with a one-time transfer of $467,240 in fiscal year 2022-23. The amendment also changes the bill's ongoing Other Special Revenue Funds allocation of $550,000 for that account to a one-time allocation of $467,240 in fiscal year 2022-23.  The bill's one-time Other Special Revenue Funds allocation of $150,000 in fiscal year 2022-23 to be funded by FAME transfers of the balance of interest in the Agricultural Marketing Loan Fund is unchanged by this amendment.