SP0355
LD 1015		 Session - 127th Maine Legislature
C "A", Filing Number S-141, Sponsored by
LR 1006
Item 2
Bill Tracking, Additional Documents Chamber Status

Amend the bill in section 1 in §54 in subsection 1 in the 3rd line (page 1, line 6 in L.D.) by striking out the following: " chief executive officer" and inserting the following: ' highest-paid executive'

Amend the bill in section 1 in §54 in subsection 2 in paragraph B in the first line (page 1, line 11 in L.D.) by striking out the following: " chief executive officer" and inserting the following: ' highest-paid executive'

Amend the bill in section 1 in §54 in subsection 2 in paragraph C in the first line (page 1, line 14 in L.D.) by striking out the following: " chief executive officer" and inserting the following: ' highest-paid executive'

Amend the bill by inserting after section 1 the following:

‘Sec. 2. Appropriations and allocations. The following appropriations and allocations are made.

LABOR, DEPARTMENT OF

Employer Compensation Report Fund N189

Initiative: Provides a base allocation in the event outside funds are received to support the cost of preparing the report required by the Maine Revised Statutes, Title 26, section 54, subsection 2.

OTHER SPECIAL REVENUE FUNDS 2015-16 2016-17
All Other
 $500 $500
inline graphic sline.gif inline graphic sline.gif
OTHER SPECIAL REVENUE FUNDS TOTAL $500 $500

Regulation and Enforcement 0159

Initiative: Provides funds for one Program Manager position, one Labor and Safety Inspector position and one Office Associate II position and related All Other to implement and administer the compensation reporting requirement in the Maine Revised Statutes, Title 26, section 54.

GENERAL FUND 2015-16 2016-17
POSITIONS - LEGISLATIVE COUNT
 3.000 3.000
Personal Services
 $152,993 $203,990
All Other
 $17,100 $16,800
inline graphic sline.gif inline graphic sline.gif
GENERAL FUND TOTAL $170,093 $220,790

Regulation and Enforcement 0159

Initiative: Provides funds for the development of an Internet-based portal to allow employers to report the compensation data required by the Maine Revised Statutes, Title 26, section 54.

GENERAL FUND 2015-16 2016-17
All Other
 $64,200 $4,200
inline graphic sline.gif inline graphic sline.gif
GENERAL FUND TOTAL $64,200 $4,200

LABOR, DEPARTMENT OF
DEPARTMENT TOTALS 2015-16 2016-17
GENERAL FUND
 $234,293 $224,990
OTHER SPECIAL REVENUE FUNDS
 $500 $500
inline graphic sline.gif inline graphic sline.gif
DEPARTMENT TOTAL - ALL FUNDS $234,793 $225,490
’

SUMMARY

This amendment provides that the compensation disclosure and reporting requirements of the bill apply with respect to an employer's highest-paid executive rather than the employer's chief executive officer.

The amendment also adds an appropriations and allocations section.

FISCAL NOTE REQUIRED
(See attached)

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