131st MAINE LEGISLATURE
		LD 1670		LR 651(02)
	An Act to Strengthen Maine's Agriculture, Food and Forest Economy by Funding the Maine Agriculture, Food and Forest Products Investment Fund and Amending Related Provisions of Law
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Agriculture, Conservation and Forestry
	Fiscal Note Required: Yes
Fiscal Note
			FY 2023-24	FY 2024-25	Projections  FY 2025-26	Projections  FY 2026-27
Net Cost (Savings)
	General Fund		$20,000,000	$20,000,000	$20,000,000	$20,000,000
Appropriations/Allocations
	General Fund		$20,000,000	$20,000,000	$20,000,000	$20,000,000
	Other Special Revenue Funds		$1,170	$1,170	$1,170	$1,170
Fiscal Detail and Notes
	This bill includes ongoing General Fund appropriations of $20,000,000 starting in fiscal year 2023-24 to the Maine Agriculture, Food and Forest Products Investment Fund within the Department of Agriculture, Conservation and Forestry (ACF) to facilitate strategic investments in the State's agricultural, food and forest products processing and manufacturing industries. This includes $178,273 to establish one Public Service Manager II position and one Senior Planner position and their associated All Other costs and $37,000 for contracted services for administrative support for program implementation. The bill also includes ongoing Other Special Revenue Funds allocations to ACF of $1,170 starting in fiscal year 2023-24 to allow expenditures for technology management costs associated with the newly established positions.
	Additional costs to the Department of Economic and Community Development to collaborate with the advisory board can be absorbed within existing budgeted resources.