LD 1507 LR 2051(01)
An Act To Establish a Local Fiscal Recovery Funds Program and Allocation
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Breen of Cumberland
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2020-21 FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Federal Expenditures Fund $500 $500 $500 $0 $0
Fiscal Detail and Notes
The bill includes Federal Expenditures Fund allocations to the Department of Administrative and Financial Services of $500 in fiscal year 2020-21, fiscal year 2021-22 and fiscal year 2022-23. These allocations are necessary to distribute funds received pursuant to the federal American Rescue Plan Act of 2021 to units of local government.