125th MAINE LEGISLATURE | ||||||
LD 269 | LR 508(03) | |||||
An Act To Implement a Maine Unemployment Insurance Work-sharing Program | ||||||
Fiscal Note for
Bill as Engrossed with: C "A" (H-91) |
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Committee: Labor, Commerce, Research and Economic Development | ||||||
Fiscal Note | ||||||
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. | ||||||
Additional costs to the Department of Labor associated with rulemaking and preparing the required reports can be absorbed within existing budgeted resources. |