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127th MAINE LEGISLATURE |
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LD 1553 |
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LR 2581(02) |
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An Act To Improve
the Workers' Compensation System |
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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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| Undetermined future biennium cost increase - All Funds |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$0 |
$1,800,000 |
$1,800,000 |
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| Revenue |
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Other Special Revenue Funds |
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$0 |
$0 |
$1,800,000 |
$1,800,000 |
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| Correctional
and Judicial Impact Statements |
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Eliminates Class
D crimes.
A reduction in fines will decrease General Fund revenue by minor amounts. |
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| Fiscal Detail
and Notes |
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Increasing the
cap on the dollar amount that may be assessed by the Workers' Compensation
Board on insurance companies and self-insured employers from $11.2 million to
$13.0 million beginning in fiscal year 2017-18 may increase the cost to all
state government agencies for the workers' compensation portion of personal
services expense. The fiscal impact on the State's self-insured program can
not be determined at this time and will depend on the actual amount assessed. |
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Additional costs
to the Workers' Compensation Board to conduct the required study and submit
the required report can be absorbed within existing budgeted resources. |
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