124th MAINE LEGISLATURE | ||||||
LD 417 | LR 624(02) | |||||
An Act To Require State Employees To Pay 15% of Their Health Insurance Costs | ||||||
Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
Committee: State and Local Government | ||||||
Fiscal Note Required: Yes | ||||||
Fiscal Note | ||||||
2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
Net Cost (Savings) | ||||||
General Fund | ($1,639,866) | ($2,318,958) | ($4,916,191) | ($5,211,163) | ||
Highway Fund | ($654,138) | ($923,982) | ($1,958,843) | ($2,076,374) | ||
Appropriations/Allocations | ||||||
General Fund | ($1,639,866) | ($2,318,958) | ($4,916,191) | ($5,211,163) | ||
Highway Fund | ($654,138) | ($923,982) | ($1,958,843) | ($2,076,374) | ||
Fiscal Detail and Notes | ||||||
This bill includes a General Fund deappropriation of $1,639,866 in fiscal year 2009-10 and $2,318,958 in fiscal year 2010-11 as a result of reducing the state share of the individual health insurance premium for state employees from 100% to 95% effective October 1, 2009 and 90% effective July 1, 2011. It also includes a Highway Fund deallocation of $654,138 in fiscal year 2009-10 and $923,982 in fiscal year 2010-11. The reduction in spending for employee health insurance premiums paid by other funds may allow for a decrease in allocations as recommended by the State Budget Officer and approved by the Governor. |