An Act To Provide Funding For Low-Income Electric Ratepayer Assistance
LD 995 would temporarily provide $7.5 million in general fund support (two years) to aid low-income Maine electric ratepayers, administered by the Maine State Housing Authority.
LD 995 would temporarily provide $7.5 million in general fund support (two years) to aid low-income Maine electric ratepayers, administered by the Maine State Housing Authority.
LD 995 proposes a targeted one-time appropriation to support low-income households with electric utility costs. The bill directs General Fund money to a state housing program administrator to provide ratepayer assistance, with accompanying administrative adjustments for oversight and potential related savings.
LD 995 would temporarily bolster low-income electric ratepayer assistance through a $7.5 million General Fund allocation in each of two consecutive fiscal years, administered by the Maine State Housing Authority, with manageable administrative costs and minor related savings for other agencies. The bill is not yet law and remains contingent on future legislative action in a subsequent session.
Compiled from official sources — confirm details with the bill’s official record.
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