128th MAINE LEGISLATURE
LD 1913 LR 3056(01)
An Act To Slow the Rate at Which the State's Minimum Wage Increases and To Eliminate Cost-of-living Increases to the Minimum Wage
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Langley of Hancock
Committee: Not Referred
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Little or no savings to State Government
Possible savings to municipalities
Fiscal Detail and Notes
Any state savings from slowing future minimum wage increases will depend on the salary schedules in place at the time the increases occur, but would most likely be minimal, if any. 
As with State Government, any municipal savings would depend on the existing rates of pay for employees in each municipality when the reduced increases take effect and on decisions by individual municipalities to react.