128th MAINE LEGISLATURE
LD 831 LR 1750(02)
An Act To Base the Minimum Wage on a New England State Average and To Restore the Tip Credit
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium savings - All funds
Fiscal Detail and Notes
The requirement that the minimum wage for Maine not exceed the average minimum wage paid in the New England states will result in savings to the State and to municipalities beginning in calendar year 2018.  At the present time, the average minimum wage in New England is $9.49 per hour versus $9.00 per hour in Maine required pursuant to Title 26, §664, sub-§1.  Absent any change in current law, the average for New England will climb to $9.74 per hour in 2018 and $9.91 per hour in calendar year 2019, which is $0.26 below the $10.00 per hour required minimum wage for Maine in 2018 and $1.09 per hour less than the $11.00 per hour minimum wage for Maine required in 2019.