An Act To Provide for the Efficient Administration of Scholarship Resources
Maine Legislature, Session 122, LD 0680
Committee Amendment CA_A_S123 (Senate)

COMMITTEE AMENDMENT "A" to S.P. 216, L.D. 680, Bill, "An 
Act To Provide for the Efficient Administration of Scholarship 
Resources" 
Amend 
the bill 
in 
section 
in 
that part 
designated 
"§10909." in the first paragraph in the last line (page 1, line 
in L.D.) by striking out the following: 
"System" 
Further amend the bill by inserting after section 6 the 
following: 
. Sec. 
7. 
Appropriations 
and 
allocations. 
appropriations and allocations are made. 
UNIVERSITY OF MAIRE SYSTEM, 
The 
following 
BOARD OF TRUSiEES OF 7BE 
University of Maine Scholarship Fund 
(NEW) 
Initiative: 
Allocates 
funds 
due 
to 
the 
transfer 
of 
the 
University 
of 
Maine 
System 
Scholarship 
Fund 
and 
the 
administration 
of 
the 
scholarship 
program 
from 
the 
Finance 
Authority of Maine to the University of Maine System. 
OTHER SPECIAL REVENUE FUNDS 
All Other 
OTHER SPECIAL REVENUE FUNDS TOTAL 
Page l-LR0532(2) 
2005-06 
$137,015 
$137,015 
2006-07 
$2,119,144 
$2,119,144 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT ,~, to S.P. 216, L.D. 680 
UNIVERSITY OF MAINE SYSTEM, 
BOARD OF TRUSTEES OF iDE 
DEPARnIENT "l'OTALS 
OT.BER SPECIAL REVENUE FUNDS 
DEPARTMENT "l'OTAL -
ALL FORDS 
FIBAHCE AUTHORITY OF MAINE 
Student Financial Assistance Programs 
0653 
2005-06 
$137,015 
$137,015 
2006-07 
$2,119,144 
$2,119,144 
Initiative: 
Deallocates 
funds 
due 
to 
the 
transfer 
of 
the 
University 
of 
Maine 
System 
Scholarship 
Fund 
administration 
of 
the 
scholarship 
program 
from 
Authority of Maine to the University of Maine System. 
OTHER SPECIAL REVENUE FUNDS 
All Other 
OTHER SPECIAL REVENUE FUNDS TOTAL 
FIBAHCE AUTHORITY OF MAINE 
DEPARTMENT "l'OTALS 
OT.BER SPECIAL REVENUE FUNDS 
DEPARTMENT "l'OTAL -
ALL FUNDS 
SEC'rION "l.'O'rALS 
OTHER SPECIAL REVENUE FUNDS 
SEC'rION '1'O'.l'AL -
ALL FUNDS 
SUMMARY 
2005-06 
($137,015) 
($137,015) 
2005-06 
($137,015) 
($137,015) 
2005-06 
$0 
$0 
and 
the 
the 
Finance 
2006-07 
($2,119,144) 
($2,119,144) 
2006-07 
($2,119,144) 
($2,119,144) 
2006-07 
$0 
$0· 
This 
amendment 
clarifies 
that 
fees 
credited 
from 
the 
University 
of 
Maine 
System 
registration 
plate 
may 
not 
be 
distributed as scholarships to students attending the University 
of Maine. 
It also adds an appropriations and allocations section 
to the bill. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 04/21105 ;;:IJv~c:.. 
LD680 
LR0532(02) 
An Act To Provide for the Efficient Administration of Scholarship Resources 
Fiscal Note for Bill as Amended by Committee Amendment A" 
Committee: Business, Research and Economic Development 
~ppropriationsl Allocations 
Other Special Revenue Funds 
Revenue 
Other Special Revenue Funds 
Fiscal Detail and Notes 
Fiscal Note Required: Yes 
Fiscal Note 
No net fiscal impact 
2005-06 
$0 
$0 
2006-07 
$0 
$0 
Projections 
2007-08 
$0 
$0 
Projections 
2008-09 
. $0 
$0 
This legislation transfers the administration of the University of Maine Scholarship Fund from the Finance Authority 
of Maine to the University of Maine System. This bill includes Other Special Revenue Funds allocations of$137,015 
in fiscal year 2005-06 and $2,119,144 in fiscal year 2006-07 for the University of Maine System to administer the 
scholarship program. The scholarship program is supported through dedicated revenue from license plates, 
anticipated to be $137,015 in fiscal year 2005-06 and $140,440 in fiscal year 2006-07, and from slot machine revenue, 
projected to be $1,978,704 in fiscal year 2006-07. This bill includes corresponding Other Special Revenue Funds 
deallocations to the Finance Authority of Maine as a result of transferring the Fund to the University of Maine. 
LR0532(2) - Fiscal Note - Page 1 of 1