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127th MAINE LEGISLATURE |
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LD 1661 |
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LR 2771(02) |
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An Act To Raise
the Minimum Wage |
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Fiscal Note for
House Amendment " " to Original Bill |
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Sponsor: Rep. Guerin of Glenburn |
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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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$0 |
$16,500 |
$16,500 |
$16,500 |
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Appropriations/Allocations |
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General Fund |
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$0 |
$16,500 |
$16,500 |
$16,500 |
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Fiscal Detail
and Notes |
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This amendment
reduces the increase in the required minimum wage proposed in the initiated
bill from $9.00 per hour to $8.50 per hour effective January 1, 2017; from
$10.00 per hour to $9.00 per hour effective January 1, 2018; from $11.50 per
hour to $9.50 per hour effective January 1, 2019 and from $12.00 per hour to
$10.00 per hour effective January 1, 2020.
This amendment also removes the inflation adjustment requirement in
subsequent years and eliminates the change in the tip credit. |
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The 4-step
increase in the minimum wage proposed in this amendment may not increase
salary costs to the State until the $10.00 per hour rate begins on January 1,
2020. The future State Government impact of the changes to the minimum wage
will depend on the salary schedules in place at the time the increases occur
and cannot be estimated at this time. |
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The Bureau of
Labor Standards within the Maine Department of Labor will still require
General Fund appropriations of $16,500 per year for each of the 4 years that
the minimum wage is increased. Of this annual amount, $3,500 per year would
be for updating the minimum wage poster and other related publications,
$5,000 would be for postage costs to distribute the updated poster and
publications and $8,000 would be for travel costs associated with compliance,
education and outreach. |
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