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
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.