125th MAINE LEGISLATURE
LD 521 LR 91(01)
An Act To Employ the Unemployed
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Blodgett of Augusta
Committee: Taxation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Net Cost (Savings)
General Fund $57,000 $57,000 $57,000 $57,000
Revenue
General Fund ($57,000) ($57,000) ($57,000) ($57,000)
Other Special Revenue Funds ($3,000) ($3,000) ($3,000) ($3,000)
Fiscal Detail and Notes
Permitting employers hiring persons not employed for 6 months to receive reimbursement for the state income tax amount withheld for such employee during the first 6 months of employment will reduce General Fund revenue and reduce revenue sharing.