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130th MAINE LEGISLATURE |
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LD 1978 |
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LR 2617(01) |
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An Act To Promote
Home Ownership by Reducing Education Debt |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Senator 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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$0 |
$10,000,000 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$10,000,000 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill includes
a one-time General Fund appropriation of $10,000,000 in fiscal year 2022-23
to the Housing Authority - State program within the Maine State Housing
Authority for mortgages and student debt forgiveness for eligible first-time
home buyers with existing student loan debt. |
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