LD 1327 LR 1019(03)
An Act To Create the Maine Health Care Provider Loan Repayment Program
Fiscal Note for House Amendment " " to Committee Amendment "A"
Sponsor: Rep. Bailey of Gorham
Fiscal Note Required: Yes
Fiscal Note
Removes impact on Maine Budget Stabilization Fund
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Federal Expenditures Fund $500 $500 $500 $500
Other Special Revenue Funds $500 $500 $500 $0
Fiscal Detail and Notes
This amendment removes the funding from the Liquor Operation Revenue Fund.  As amended, the bill will not have an impact on the Maine Budget Stablization Fund or the distribution of anticipated liquor revenue.   
This amendment includes ongoing Other Special Revenue Funds and Federal Expenditures Fund base allocations of $500 per year beginning in fiscal year 2021-22 to a newly created Maine Healthcare Provider Loan Repayment Program Fund within the Finance Authority of Maine (FAME) to authorize the expenditure of funds received from public, private or federal sources for the repayment of student loans for eligible health care providers and to pay the costs to FAME for administering the fund.