123rd MAINE LEGISLATURE
		LD 1586		LR 2133(01)
	Resolve, Directing the Department of Labor To Examine Policy and Programmatic Alternatives for the Establishment of a Wage Loss Insurance System To Provide Wage Security in the Event of Loss of Earnings
	Fiscal Note for Original Bill
	Sponsor: Sen. Marrache of Kennebec
	Committee: Labor
	Fiscal Note Required: Yes
Fiscal Note
Potential current biennium cost increase - General Fund
Fiscal Detail and Notes
	The Bureau of Unemployment Compensation within the Department of Labor may require one-time General Fund appropriations in fiscal year 2007-08 to conduct the required study and submit the required report.  The Bureau estimates the cost to study the laws, policies and programs relating to the establishment of a wage loss insurance system to be approximately $153,200. Since all positions within the Bureau are funded with federal unemployment insurance grants funds, alternative funding sources will be required in order for existing personnel to conduct the study.  It is unclear whether sufficient outside contributions will be found to completely fund the cost of the study, or whether a General Fund appropriation will be required.