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129th MAINE LEGISLATURE |
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LD 734 |
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LR 485(01) |
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Resolve, To
Expedite the Processing of Applications for Certification under the Federal
Work Opportunity Tax Credit |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Talbot Ross of Portland |
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Committee: Labor and Housing |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
| Net Cost
(Savings) |
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General Fund |
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$60,581 |
$81,077 |
$83,993 |
$87,025 |
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| Appropriations/Allocations |
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General Fund |
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$60,581 |
$81,077 |
$83,993 |
$87,025 |
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| Fiscal Detail
and Notes |
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This bill
includes General Fund appropriations of $60,581 in fiscal year 2019-20 and
$81,077 in fiscal year 2020-21 to the Employment Services Activity program
within the Department of Labor for one Eligibility Specialist position and
related All Other costs to expedite the processing of employer applications
for certification required for the federal work opportunity tax credit. |
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Additional costs
to the Department of Labor to prepare and submit the required report can be
absorbed within existing budgeted resources |
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