LD 92 LR 289(01)
An Act To Increase the Minimum Wage to $8.00 per Hour
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Bates of Westbrook
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $16,500 $0 $0 $0
General Fund $16,500 $0 $0 $0
Fiscal Detail and Notes
The Bureau of Labor Standards within the Department of Labor will require a one-time General Fund appropriation of $16,500 in fiscal year 2015-16 for the administrative costs associated with increasing the minimum wage.  Of this amount, $3,500 is for updating the minimum wage poster and other related publications, $5,000 is related to postage costs to distribute the updated poster and publications to all employers in Maine and $8,000 is for travel costs associated with compliance, education and outreach.
The first step on the lowest salary rate schedule in State Government is $8.43 per hour. Currently there is no one being paid at that level. The increase to $8.00 per hour will not increase salary costs to the State.