121st Maine Legislature
Office of Fiscal and Program Review
LD 768
An Act to Improve the Administration of the Baxter Compensation Program
LR 1171(02)
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Judiciary
Fiscal Note Required: Yes
   
             
Fiscal Note
No net fiscal impact - Other Special Revenue Funds
Fiscal Detail and Notes
This bill changes the amount of funds to be used for administrative expenses from 15% of the trust fund to $407, 000 in each fiscal year.  The total amount for the duration of the program may not exceed $1,500,000.  Expenses for administrative costs reduce the amount available for claims for compensation.