125th MAINE LEGISLATURE | ||||||
LD 1420 | LR 1456(02) | |||||
An Act To Modify the Laws Regarding Status as an Independent Contractor | ||||||
Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
Committee: Labor, Commerce, Research and Economic Development | ||||||
Fiscal Note Required: Yes | ||||||
Fiscal Note | ||||||
Current biennium savings - Federal Funds Current biennium revenue decrease - Federal Funds |
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Fiscal Detail and Notes | ||||||
Reducing the number of workers potentially covered by the employment security laws may reduce the amount of benefits paid from the Unemployment Compensation Trust Fund beginning in fiscal year 2011-12 as well as the amount of contributions paid in to the Trust Fund. The net impact to the Trust Fund as well as to the contribution rate schedule can not be determined at this time but is not expected to be significant. |