| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 847 | |||||||
| An Act To Offer Zero-interest Loans to Employers Providing Bicycle Facilities | |||||||
| LR 1064(01) | |||||||
| Fiscal Note for Original Bill | |||||||
| Sponsor: Rep. Suslovic of Portland | |||||||
| Committee: Business, Research and Economic Development | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Undetermined current biennium cost increase - Fund for a Healthy Maine | |||||||
| Projections | Projections | ||||||
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | ||||
| Net Cost (Savings) | |||||||
| General Fund | $16,000 | $3,000 | $3,000 | $3,000 | |||
| Appropriations/Allocations | |||||||
| General Fund | $16,000 | $3,000 | $3,000 | $3,000 | |||
| Fiscal Detail and Notes | |||||||
| The Finance Authority of Maine will require additional General Fund appropriations of $16,000 in fiscal year 2003-04 and $3,000 in fiscal year 2004-05 to establish and implement the Bycycling Assistance Loan Program. The additional cost to the Fund For a Healthy Maine associated with the cost of the interest rate subsidy can not be determined at this time. | |||||||