| 125th MAINE LEGISLATURE | ||||||
| LD 269 | LR 508(01) | |||||
| An Act To Implement a Maine Unemployment Insurance Work-sharing Program | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Russell of Portland | ||||||
| Committee: Labor, Commerce, Research and Economic Development | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| Undetermined fiscal impact - Unemployment Compensation Trust Fund | ||||||
| Fiscal Detail and Notes | ||||||
| This legislation creates a work-sharing program as a voluntary alternative to layoffs during a temporary slowdown in business. The net fiscal impact, whether a cost or savings, to the Unemployment Compensation Trust Fund within the Department of Labor can not be determined at this time but is not expected to be significant. | ||||||