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123rd MAINE LEGISLATURE |
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LD 1493 |
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LR 1426(01) |
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An Act To
Authorize the Employer To Adjust Workers' Compensation Benefits When the
Employee Returns To Work for Another Employer |
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Fiscal Note for
Original Bill |
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Sponsor: Sen. Mills, P. of Somerset |
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Committee: Labor |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Undetermined net impact - All Funds
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| Fiscal Detail
and Notes |
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Reducing the
amount of time the state must wait before being allowed to reduce or
discontinue weekly benefits being paid in certain situations may result in
savings to the Workers' Compensation Management Fund within the Department of
Administrative and Financial Services. |
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Requiring the
state to increase benefits when an employee on partial compensation sustains
a loss of earnings and petitions for increased benefits may increase costs to
the Workers' Compensation Management Fund .
The Workers' Compensation Management Fund may also experience
increased costs from the increase in the interest rate payable on withheld
benefits. The net impact to the Fund
can not be determined at this time. |
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