121st Maine Legislature
		Office of Fiscal and Program Review
		LD 561
		An Act to Improve Standards for Public Assistance to Employers in the State
		LR 1652(02)
		Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: Labor
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	$134,369	$128,466	$135,017
Appropriations/Allocations
	General Fund		$0	$134,369	$128,466	$135,017
Fiscal Detail and Notes
	This bill includes a General Fund appropriation of $67,599 in fiscal year 2004-05 for the Administration - Economic and Community Development program within the Department of Economic and Community Development for one Development Project Officer position and the related All Other costs associated with enforcing the certification requirements of this bill.  This fiscal note assumes that it is the intent of this legislation that the certification requirements be actively enforced.  If that is not the intent of this measure, then the Development Project Officer position would not be required and the Department of Economic and Community Development would be able to absorb the costs associated with rulemaking utilizing existing budgeted resources.
	This legislation will require agencies to grant economic development incentives only to those employers that meet certain wage and benefit standards.  This requirement may result in fewer businesses being eligible to receive funds from the Governor's Training Initiative program within the Department of Labor.   The number of businesses impacted can not be determined at this time.
	This bill also includes a General Fund appropriation of $66,770 in fiscal year 2004-05 for Maine Revenue Services for one Revenue Agent position and related costs to audit the affected businesses.  The fiscal impact to the Business Equipment Tax Reimbursement Program as a result of the limitation concerning bankruptcy can not be determined at this time.