LD 1895 LR 741(04)
An Act Regarding the Procurement of Energy from Offshore Wind Resources
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Rotundo of Androscoggin
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 ($166,198) ($161,572) ($289,662) ($305,116)
General Fund ($166,198) ($161,572) ($289,662) ($305,116)
Other Special Revenue Funds ($1,085) ($1,085) ($1,085) ($1,085)
Fiscal Detail and Notes
This amendment strikes and replaces the bill. It removes all General Fund appropriations from the bill. As amended, the bill retains the Other Special Revenue Funds (OSRF) allocations to the Public Utilities Commission (PUC) funded from assessments on utilities for one additional Staff Attorney position related to procurement activities. The amended bill also retains provisions that allow the Governor's Energy Office to request funding from the PUC, which may result in additional OSRF expenditures for the PUC. Any additional costs to other agencies impacted by the provisions of the bill are anticipated to be minor and can be absorbed within existing budgeted resources.