LD 734 LR 440(01)
An Act to Authorize the Treasurer of State and Municipalities to Invest in Gold, Silver and Other Precious Metals
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Brakey of Androscoggin
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Potential impact on investment earnings for new investment options
Fiscal Detail and Notes
Providing additional investment options to the Treasurer of State and municipalities does not impose additional costs. Any impact on future investment earnings to these entities will depend on the particular decisions made and will only become known over time.