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132nd MAINE LEGISLATURE |
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LD 1522 |
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LR 2260(01) |
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An Act to
Establish the Maine Eviction Prevention Program |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Rep. Rana of Bangor |
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Committee: Housing and Economic Development |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Net Cost
(Savings) |
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General Fund |
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$25,000,000 |
$25,000,000 |
$25,000,000 |
$25,000,000 |
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| Appropriations/Allocations |
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General Fund |
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$25,000,000 |
$25,000,000 |
$25,000,000 |
$25,000,000 |
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| Fiscal Detail
and Notes |
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This bill includes
ongoing General Fund appropriations of $25.0 million per year beginning in
fiscal year 2025-26 to the Maine State Housing Authority (MSHA) to establish
and administer the Maine Eviction Prevention Program created to provide
rental assistance to eligible individuals.
Additional costs to MSHA associated with the rulemaking process can be
absorbed within existing budgeted resources. |
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