An Act To Transfer the Kim Wallace Adaptive Equipment Loan Program Fund to the Office of the Treasurer of State
Maine Legislature, Session 129, LD 1160
Committee Amendment CA_A_H258 (House)

COMMITTEE AMENDMENT •/+" to H.P. 849, L.D. 1160, Bill, "An Act To 
Transfer the Kim Wallace Adaptive Equipment Loan Program Fund to the Office of the 
Treasurer of State" 
Amend the bill by inserting after the title and before the enacting clause the 
following: 
'Emergency preamble. Whereas, acts and resolves of the Legislature do not 
become effective until 90 days after adjournment unless enacted as emergencies; and 
Whereas, the Legislature desires to minimize costs of programs; and 
Whereas, cmrently, the Kim Wallace Adaptive Equipment Loan Program Fund 
Board pays monthly fees, which can be eliminated by this Act, for the placement of 
certain accounts; and 
Whereas, files of the Kim Wallace Adaptive Equipment Loan Program Fund are in 
the process of transfer from the Finance Authority of Maine to the State; 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 in section 1 in subsection 1 in the 5th and 6th lines (page 1, lines 8 
and 9 in L.D.) by striking out the following: "or other sta-ts agsaey Treasurer of State" 
and inserting the following: 'Treasurer of State or other state agency' 
Amend the bill by striking out all of section 2 and inserting the following: 
'Sec. 2. Appropriations and allocations. The following appropriations and 
allocations are made. 
TREASURER OF STATE, OFFICE OF 
COMMITTEE AMENDMENT 
COMMITTEEAMENDMENT'A"toH.P. 849,L.D.1160 
Kim Wallace Adaptive Equipment Loan Program N315 
Initiative: Provides allocation to establish the Kim Wallace Adaptive Equipment Loan 
Program in the Office of the Treasurer of State to provide loans to qualified borrowers to 
acquire adaptive equipment. 
OTHER SPECIAL REVENUE FUNDS 
All Other 
OTHER SPECIAL REVENUE FUNDS TOTAL 
2019-20 
$500 
$500 
Amend the bill by inserting at the end before the summary the following: 
2020-21 
$500 
$500 
'Emergency clause. 
In view of the emergency cited in the preamble, this 
legislation takes effect when approved.' 
Amend the bill by relettering or renumbering any nonconsecutive Part letter or 
section number to read consecutively. 
SUMMARY 
This amendment retains language in the current statute allowing for funds to be 
deposited with and maintained by other state agencies. The amendment also adds an 
emergency preamble and emergency clause to the bill. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 05/01/19 ~ac 
LD 1160 
LR 776(02) 
An Act To Transfer the Kim Wallace Adaptive Equipment Loan Program Fund to the Office of the 
Treasurer of State 
Fiscal Note for Bill as Amended by Committee Amendment (.J, ( JI-;) S ~ 
Committee: Innovation, Development, Economic Advancement and Business 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2019-20 
FY2020-21 
Projections 
FY2021-22 
Projections 
FY2022-23 
Appropriations/ Allocations 
Other Special Revenue Funds 
Fiscal Detail and Notes 
$500 
$500 
$500 
$500 
This bill moves the Kim Wallace Adaptive Equipment Loan Program Fund from the Finance Authority of Maine to 
the Treasurer of State. The purpose of the fund does not change, but continues to be to provide loans to qualified 
bonowers to acquire adaptive equipment. The bill includes ongoing Other Special Revenue Funds allocations of $500 
to establish the fund with the Treasurer of State and to allow expenditures to be made from the fund. 
This change is not expected to have any significant impact on the Finance Authority of Maine. 
LR0776(02) - Fiscal Note - Page 1 ofl