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129th MAINE LEGISLATURE |
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LD 1911 |
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LR 3028(01) |
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An Act To Amend
the Unemployment Compensation Laws |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Bellows of Kennebec |
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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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Eliminates need for future appropriation - General Fund |
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Fiscal Detail
and Notes |
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Under current
law, beginning January 1, 2022, unemployment benefits paid to an individual
must be charged against the experience rating record of the individual's
employers in a ratio inversely proportional to the claimant's employment
beginning with the most recent employer.
The Bureau of Unemployment Compensation within the Department of Labor
has indicated that implementing the changes necessitated by current law would
require a one-time General Fund appropriation of $1.5 million for the cost
associated with changes to its computer system. This legislation removes the
changes to the experience rating methodology for assessing employer liability
of unemployment benefit costs, therefore eliminating the need for a future
General Fund appropriation. |
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Removing the
changes to the experience rating methodology for assessing employer liability
of unemployment benefit costs will also affect the calculation of individual
employers' unemployment tax rates. The
impact to employers can not be determined. |
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