122nd MAINE LEGISLATURE
LD 573 LR 0438(01)
An Act To Generate Savings in the Unemployment Compensation Fund
Fiscal Note for Original Bill
Sponsor: Sen. Clukey of Aroostook
Committee: Labor
Fiscal Note Required: Yes
   
             
Fiscal Note
Current biennium cost increase - General Fund
Undetermined current biennium savings - Other Funds
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $75,000 $0 $0 $0
Appropriations/Allocations
General Fund $75,000 $0 $0 $0
Fiscal Detail and Notes
The Employment Security Services within the Department of Labor will require a one-time General Fund appropriation of $75,000 in fiscal year 2005-06 for the cost of making the necessary computer programming changes associated with reducing unemployment benefits to individuals who receive an indemnity payment as part of a workers' compensation lump sum settlement.  The savings to the Unemployment Compensation Trust Fund can not be determined at this time.