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130th MAINE LEGISLATURE |
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LD 1279 |
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LR 1398(01) |
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An Act To
Increase the Minimum Wage |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Collings of Portland |
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Committee: Labor and Housing |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Current biennium cost increase - All Funds |
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Fiscal Detail
and Notes |
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This bill
implements a 4-step increase in the minimum wage which may increase salary
costs to the State when the $13.00 per hour rate begins on January 1,
2022. The impact of the changes to the
minimum wage on State Government 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 increased
wages required by this bill would create costs to municipalities which would
vary by individual municipality. As
with State Government, the municipal impact would depend on the existing
rates of pay for the lowest paid employees in each municipality at the time a
higher wage would be imposed and cannot be estimated at this time. |
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Additional costs
to the Bureau of Labor Standards to update the minimum wage poster and other
related publications can be absorbed within existing budgeted resources. |
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