122nd MAINE LEGISLATURE
LD 546 LR 1915(02)
An Act To Promote Responsible Contracting Practices on State Projects
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee:  Labor
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $2,408,494 $3,211,325 $3,211,325 $3,211,325
Highway Fund $385,000 $1,540,000 $1,540,000 $1,540,000
Appropriations/Allocations
General Fund $2,408,494 $3,211,325 $3,211,325 $3,211,325
Highway Fund $385,000 $1,540,000 $1,540,000 $1,540,000
Fiscal Detail and Notes
Certain changes in the manner in which the prevailing rate for health insurance is calculated will increase General Fund labor costs for the Department of Administrative and Financial Services by $1,208,882 and $1,611,842 in fiscal years 2005-06 and 2006-07 and Highway Fund costs for the Department of Transportation by $385,000 and $1,540,000 in fiscal years 2005-06 and 2006-07.
This bill includes General Fund appropriations of $1,087,731 in fiscal year 2005-06 and $1,450,308 in fiscal year 2006-07 to the University of Maine System for the costs associated with changes in determining the prevailing rate for health insurance benefits.
This bill also includes General Fund appropriations of $111,881 and $149,175 in fiscal years 2005-06 and 2006-07, respectively, for the increased labor costs to the Maine Community College System associated with this legislation.
Additional costs to the Department of Labor can be absorbed utilizing existing budgeted resources.