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125th MAINE LEGISLATURE |
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LD 1725 |
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LR 2554(08) |
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An Act To
Strengthen the Unemployment Insurance Laws and Reduce Unemployment Fraud |
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Fiscal Note for
Senate Amendment " " |
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Sponsor: Sen. Martin, Jr. of Kennebec |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Reduced current biennium savings - Unemployment Compensation
Trust Fund
Reduced future biennium revenue decrease - Unemployment Compensation Trust
Fund |
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| Fiscal Detail and
Notes |
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Limiting the offset
for vacation pay to the amount that exceeds 4 weeks of an individual's wages
and excluding vacation pay from the offset under certain circumstances will
significantly reduce the amount of potential savings to the Unemployment
Compensation Trust Fund in the current biennium. These provisions may also reduce the impact
to the contribution schedule in future biennia. |
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