Bill > LD75

This bill increases the annual cap on fund transfers to the Board of Environmental Protection Fund from $325,000 to $450,000. Specifically, the bill allows a higher maximum transfer of funds from four existing environmental funds: the Maine Environmental Protection Fund, the Maine Ground and Surface Waters Clean-up and Response Fund, the Maine Hazardous Waste Fund, and the Uncontrolled Sites Fund. The Board of Environmental Protection Fund is a non-lapsing account, which means any unspent money does not return to the general fund at the end of the fiscal year but remains available for future use. The bill maintains the existing requirement that fund expenditures must be approved by the Legislature, ensuring legislative oversight of how these funds are used. The change will provide the Board of Environmental Protection with additional financial resources to carry out its environmental protection duties under Maine state law.

Agriculture and Natural Resources

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=75&snum=132