| 125th MAINE LEGISLATURE | ||||||
| LD 521 | LR 91(01) | |||||
| An Act To Employ the Unemployed | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Blodgett of Augusta | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Net Cost (Savings) | ||||||
| General Fund | $57,000 | $57,000 | $57,000 | $57,000 | ||
| Revenue | ||||||
| General Fund | ($57,000) | ($57,000) | ($57,000) | ($57,000) | ||
| Other Special Revenue Funds | ($3,000) | ($3,000) | ($3,000) | ($3,000) | ||
| Fiscal Detail and Notes | ||||||
| Permitting employers hiring persons not employed for 6 months to receive reimbursement for the state income tax amount withheld for such employee during the first 6 months of employment will reduce General Fund revenue and reduce revenue sharing. | ||||||