Maine 2025 2025-2026 Regular Session

Maine Senate Bill LD700 Introduced / Fiscal Note

Filed 03/25/2025

                    Approved: 03/25/25
LD 700	LR 2032(01)
FY 2025-26 FY 2026-27
Projections 
FY 2027-28
Projections 
FY 2028-29
Net Cost (Savings)
General Fund $0 $3,400,000 $3,400,000 $3,400,000
Appropriations/Allocations
General Fund $0 $3,400,000 $3,400,000 $3,400,000
Fiscal Detail and Notes
Preliminary Fiscal Impact Statement
The University of Maine System will require ongoing General Fund appropriations of $3.4 million per year beginning 
in fiscal year 2026-27 for the cost of awarding a waiver of tuition and fees to eligible students who are enrolled full-
time at any University of Maine system campus beginning in the 2026-2027 school year.
132nd MAINE LEGISLATURE
An Act to Promote Student Enrollment and Degree Completion in the University of Maine System by 
Awarding Waivers of Tuition and Fees to Eligible Students
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Tipping of Penobscot
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
LR2032(01) - Fiscal Note - Page 1 of 1