130th MAINE LEGISLATURE
LD 1733 LR 2086(02)
An Act To Provide Allocations for the Distribution of State Fiscal Recovery Funds
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Appropriations/Allocations
Federal Expenditures Fund - ARP State Fiscal Recovery $429,141,264 $483,753,866 $1,320,314 $302,151
Transfers
Federal Expenditures Fund - ARP State Fiscal Recovery ($80,000,000) $0 $0 $0
Employment Security Trust Fund $80,000,000 $0 $0 $0
Fiscal Detail and Notes
This Committee Amendment provides Federal Expenditures Fund - ARP State Fiscal Recovery allocations totaling $429,141,264 in fiscal year 2021-22 and $483,753,866 in fiscal year 2022-23. The amendment also authorizes a transfer of $80,000,000 from the Federal Expenditures Fund - ARP State Fiscal Recovery to the Employment Securities Trust Fund in fiscal year 2021-22. The projected costs for fiscal years 2023-24 and 2024-25 are related to limited-period positions with end-dates beyond the current biennium.  The Department of Administrative and Financial Services has indicated that these costs will be funded by planned All Other balances to be carried over from fiscal year 2022-23.