129th MAINE LEGISLATURE
LD 2044 LR 2722(02)
An Act To Increase the Death Benefit for Firefighters, Law Enforcement Officers and Emergency Medical Services Personnel
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Criminal Justice and Public Safety
Fiscal Note Required: Yes
             
Fiscal Note
Potential current biennium cost increase - Maine Budget Stabilization Fund
Fiscal Detail and Notes
Expanding the list of those eligible for the death benefit, increasing the death benefit amount from $50,000 to $100,0000 and indexing the benefit amount to the Consumer Price Index will reduce the balance in the Maine Budget Stabilization Fund. The exact amount by fiscal year cannot be determined at this time and will depend on the number of eligible individuals who die in the line of duty. Any additional costs to the Department of Administrative and Financial Services to adopt rules to annually calculate an increase in the death benefit based on the previous year's increase in the Consumer Price Index are expected to be minor and can be absorbed within existing budgeted resources.