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  129th MAINE LEGISLATURE | 
 
 
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  LD 1324 | 
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  LR 809(01) | 
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  Resolve, To
  Establish the Committee To Study the Feasibility of Creating Basic Income
  Security | 
 
 
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  Preliminary
  Fiscal Impact Statement for Original Bill | 
 
 
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  Sponsor: Sen. Vitelli of Sagadahoc | 
 
 
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  Committee: Labor and Housing | 
 
 
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  Fiscal Note Required: Yes | 
 
 
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  | Preliminary
  Fiscal Impact Statement | 
 
 
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  | Legislative Cost/Study | 
 
 
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  | Legislative
  Cost/Study | 
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  The general
  operating expenses of this study are projected to be $4,250 in fiscal year
  2019-20. An estimated $6,190 is available in each of fiscal years 2019-20 and
  2020-21 in the Legislature's proposed budget for legislative studies as well
  as any balances from prior years for this purpose. Whether these amounts are
  sufficient to fund all studies will depend on the number of studies
  authorized by the Legislative Council and the Legislature. The additional
  costs of providing staffing assistance to the study during the interim can be
  absorbed utilizing existing budgeted staff resources. The committee is
  required to seek outside funding contributions to fully fund the costs of the
  study. If sufficient funding is not received within 30 days of the effective
  date of this resolve, no meetings are authorized and no expenses may be
  incurred. | 
 
 
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  | Fiscal Detail
  and Notes | 
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  Any costs to the
  Governor's Office to serve on the Committee to Study the Feasibility of
  Creating Basic Income Security can be absorbed within existing budgeted
  resources.  | 
 
 
 
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