An Act To Restore Benefits under the Circuitbreaker Program
Maine Legislature, Session 123, LD 2305
Senate Amendment SA_B_S693 (Senate)

SENATE AMENDMENT .j}?" to S.P. 921, L.D. 2305, Bill, "An Act To Restore 
Benefits under the Circuitbreaker Program" 
Amend the bill by inserting after the title and before the enacting clause the 
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following: 
'Emergency preamble. Whereas, acts and resolves of the Legislature do not 
become effective until 90 days after adjoumment unless enacted as emergencies; and 
Whereas, a transfer from unappropriated surplus must be made in order to increase 
General Fund reserves at the close of fiscal year 2007-08 to reduce the risk of an adverse 
effect on the General Fund budget of a deteriorating national economy and high oil 
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prices; and 
Whereas, in the judgment of the Legislature, these facts create an emergency within 
the meaning of the Constitution of Maine and require the following legislation as 
immediately necessary for the preservation of the public peace, health and safety; now, 
therefore,' 
Amend the bill by inserting after Part B the following: 
'PARTC 
Sec. C-l. Transfer from unappropriated surplus at close of fiscal year 
2007-08 to Maine Budget Stabilization Fund. Notwithstanding any other provision 
of law, at the close of fiscal year 2007-08 the State Controller shall transfer from the 
unappropriated surplus of the General Fund an amount up to $10,000,000 to the Maine 
Budget Stabilization Fund established in the Maine Revised Statutes, Title 5, section 
1532 after all required deductions of appropriations, budgeted financial commitments and 
adjustments considered necessary by the State Controller have been made; as the first 
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priority after the transfers required pursuant to Title 5, sections 1507 and 1511; and 
before the transfer required pursuant to Title 5, section 1536 and the transfer pursuant to 
Public Law 2007, chapter 240, Part MM. 
Emergency clause. 
In view of the emergency cited 
the preamble, this 
legislation takes effect when approved.' 
SENATE AMENDMENT 
~~~ 
SENA TE AMENDMENT :E>" to S.P. 921, L.D. 2305 
SUMMARY 
This amendment adds an emergency preamble and an emergency clause. 
This 
amendment also adds an additional transfer from the unappropriated surplus of the 
General Fund of up to $10,000,000 to the Maine Budget Stabilization Fund from the 
uncommitted unappropriated surplus at the close of fiscal year 2007-08 prior to the 
transfers to MaineCare for hospital payments that preempted the normal year-end 
transfers in fiscal year 2007-08. This limited additional transfer is being made into the 
Maine Budget Stabilization Fund in order to increase ba 
in reserve due to concerns 
about the deteriorating nationall)onom~nd t 
otenti 
effect on future revenue 
forecasts. 
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SPONSORED BY: 
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COUNTY: Androscoggin 
FISCAL :\OTE REQrtRED 
(See attached) 
SENATE AMENDMENT 
Fiscal Detail and Notes 
Approved: 04/18/08 frac. 
LD 2305 
LR 3622(05) 
An Act To Restore Benefits under the Circuitbreaker Program 
Fiscal Note for Senate Amendment 'lB " 
Sponsor: Sen. Rotundo of Androscoggin 
Fiscal Note Required: Yes 
Fiscal Note 
Potential Transfer to Maine Budget Stabilization Fund 
Potential Reduction in General Fund Transfers 
This amendment establishes an additional transfer of up to $10,000,000 to the Maine Budget Stabilization Fund from 
the uncommitted unappropriated surplus in the General Fund at the close of fiscal year 2007-08 prior to the transfer to 
MaineCare for hospital payments that preempt the normal year-end transfers pursuant to Maine Revised Statutes, Title 
5, c. 142 in fiscal year 2007-08. This transfer to the Maine Budget Stabilization Fund may increase the balance in the 
fund and may reduce the amounts that would have been transferred to the Medical Care - Payments to Provider, 
General Fund account, on a one-time basis, if the uncommitted surplus in the General Fund at the end of fiscal year 
2007-08 exceeds the amount necessary to fund the higher priority year-end transfers. 
LR3622(05) - Fiscal Note - Page I of I