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127th MAINE LEGISLATURE |
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LD 92 |
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LR 289(01) |
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An Act To
Increase the Minimum Wage to $8.00 per Hour |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Bates of Westbrook |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
Net Cost
(Savings) |
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General Fund |
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$16,500 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$16,500 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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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. |
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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. |
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