| 124th MAINE LEGISLATURE | ||||||
| LD 1441 | LR 1346(01) | |||||
| An Act To Amend and Clarify the Application of the Laws Regarding Severance Pay | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Jackson of Aroostook | ||||||
| Committee: Labor | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $46,080 | $61,230 | $63,915 | $66,177 | ||
| Appropriations/Allocations | ||||||
| General Fund | $46,080 | $61,230 | $63,915 | $66,177 | ||
| Other Special Revenue Funds | $2,200,000 | $2,200,000 | $2,200,000 | $2,200,000 | ||
| Fiscal Detail and Notes | ||||||
| The Regulation and Enforcement program within the Department of Labor will require ongoing General Fund appropriations of $46,080 in fiscal year 2009-10 and $61,230 in fiscal year 2010-11 for one Labor and Safety Inspector position, effective October 1, 2009, and related All Other costs associated with the anticipated increase in the number of investigations to be conducted to determine eligibilty for severance pay. | ||||||
| The Wage Assurance Fund within the Bureau of Labor Standards, Department of Labor, will also require additional Other Special Revenue Funds allocations of $2,200,000 per year, beginning in fiscal year 2009-10 for the anticipated increase in the amount of severance pay payments to be made from the Fund as a result of this legislation. | ||||||