PLEASE NOTE: Legislative Information cannot perform research, provide legal advice, or interpret Maine law. For legal assistance, please contact a qualified attorney.
Amend the bill in section 1 in subsection 2 in the 3rd line (page 1, line 6 in L.D.) by striking out the following: "$2,000" and inserting the following: '$1,500'
Amend the bill by adding after section 1 the following:
‘Sec. 2. Appropriations and allocations. The following appropriations and allocations are made.
 
FINANCE AUTHORITY OF MAINE
 
Student Financial Assistance Programs 0653
 
Initiative: Provides ongoing funding to increase grant awards under the Maine State Grant Program to a minimum of $1,500 per student.

GENERAL FUND	2017-18	2018-19	
All Other	$2,500,000	$2,500,000	
			
GENERAL FUND TOTAL	$2,500,000	$2,500,000	
 
’
 
SUMMARY
This amendment is the majority report of the committee and changes the minimum grant amount under the Maine State Grant Program from $2,000 as proposed in the bill to $1,500. It also adds a $2,500,000 appropriation for fiscal year 2017-18 and fiscal year 2018-19 to fund the increase in the minimum grant amount. This amendment provides that the appropriations are ongoing.
FISCAL NOTE REQUIRED
(See attached)