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129th MAINE LEGISLATURE |
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LD 1410 |
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LR 33(02) |
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An Act To Create
Paid Family and Medical Leave Benefits |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Labor and Housing |
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Fiscal Note Required: Yes |
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Fiscal Note |
Legislative Cost/Study |
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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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$0 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$0 |
$200,000 |
$0 |
$0 |
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Transfers |
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General Fund |
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$0 |
$200,000 |
$0 |
$0 |
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Other Special Revenue Funds |
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$0 |
($200,000) |
$0 |
$0 |
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Legislative
Cost/Study |
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The general
operating expenses of this study are projected to be $2,000 in fiscal year
2020-21 and $2,000 in 2021-22. An estimated $6,190 is available in fiscal
year 2020-21 in the Legislature's budget for legislative studies as well as
any balances from prior years for this purpose. Whether these amounts are
sufficient to fund all studies will depend on the number of studies
authorized by the Legislative Council and the Legislature. The additional
costs of providing staffing assistance to the study during the interim can be
absorbed utilizing existing budgeted staff resources. |
Fiscal Detail
and Notes |
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The bill provides
a one-time General Fund appropriation in fiscal year 2020-21 to the
Governor's Office of Policy Innovation and the Future to contract for and
completed an actuarial study of the paid family and medical leave program.
The bill also transfers $200,000 from available balances in Other Special
Revenue Funds accounts within the Department of Professional and Financial
Regulation to the unappropriated surplus of the General Fund at the end of
fiscal year 2020-21 to offset the cost of the appropriation. |
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Any additional
costs to the Departments of Health and Human Services, Labor and
Administrative and Financial Services to provide staff assistance to the
commission are expected to be minor and can be absorbed within existing
budgeted resources. |
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