| 122nd MAINE LEGISLATURE | |||||||||
| LD 1663 | LR 1540(01) | ||||||||
| An Act To Establish the Maine Higher Education Employer Initiative | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Sen. Rotundo of Androscoggin | |||||||||
| Committee: Business, Research and Economic Development | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Undetermined current biennium cost increase - General Fund | |||||||||
| Undetermined current biennium revenue decrease - General Fund | |||||||||
| Fiscal Detail and Notes | |||||||||
| The additional costs to the Maine Development Foundation to coordinate and manage the initiative and to the Finance Authority of Maine to adopt rules to administer the tax credit can not be determined at this time and will depend on the scope of the program. The decrease in General Fund revenue associated with the tax credit also can not be determined at this time. | |||||||||