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127th MAINE LEGISLATURE |
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LD 92 |
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LR 289(02) |
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An Act To Increase
the Minimum Wage to $8.00 per Hour |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: Yes |
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Fiscal Note |
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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 |
$16,500 |
$16,500 |
$16,500 |
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Appropriations/Allocations |
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General Fund |
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$16,500 |
$16,500 |
$16,500 |
$16,500 |
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Fiscal Detail
and Notes |
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This bill includes
General Fund appropriations of $16,500 per year in fiscal year 2015-16 and
fiscal year 2016-17 to the Bureau of Labor Standards within the Department of
Labor for the administrative costs associated with increasing the minimum
wage. Of this amount, $3,500 per year
is for updating the minimum wage poster and other related publications,
$5,000 per year is related to postage costs to distribute the updated poster
and publications to all employers in Maine and $8,000 per year 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. There are currently 2
employees being paid $9.41 per hour. The 4-step increase in the minimum wage
in the majority report will not increase salary costs to the State until the
$9.50 per hour rate begins on October 1, 2018 and any impact would be
negligible. |
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