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130th MAINE LEGISLATURE |
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LD 531 |
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LR 1559(01) |
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An Act To Help
More Students Attain a College Credential by Strengthening the Maine State
Grant Program |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Curry of Waldo |
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Committee: Innovation, Development, Economic
Advancement and Business |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
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$13,000,000 |
$0 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$13,000,000 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill
includes a one-time General Fund appropriation of $13,000,000 in fiscal year
2021-22 to the Student Financial Assistance Programs within the Finance
Authority of Maine to assist residents of the State with the costs of higher
education. |
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