| 122nd MAINE LEGISLATURE | |||||||||
| LD 1469 | LR 0108(01) | ||||||||
| An Act To Create the Maine Merit Scholarship Program | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Rep. Dudley of Portland | |||||||||
| Committee: Education and Cultural Affairs | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Undetermined current biennium cost increase - General Fund | |||||||||
| Fiscal Detail and Notes | |||||||||
| This bill establishes the Maine Merit Scholarship Program as a non-lapsing fund to be administered by the Finance Authority of Maine. Because this legislation does not identify a source of revenue to capitalize and support the fund and establish and administer the program, General Fund appropriations may be required beginning in fiscal year 2005-06. The amount required will depend on the scope of the program. | |||||||||