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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 768 |
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An Act
to Improve the Administration of the Baxter Compensation Program |
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LR 1171(02) |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Judiciary |
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Fiscal Note Required: Yes |
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Fiscal Note |
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No net fiscal impact - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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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. |
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