LD 92 LR 289(02)
An Act To Increase the Minimum Wage to $8.00 per Hour
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
Fiscal Note
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $16,500 $16,500 $16,500 $16,500
General Fund $16,500 $16,500 $16,500 $16,500
Fiscal Detail and Notes
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.
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.