131st MAINE LEGISLATURE
LD 14 LR 126(01)
An Act to Simplify an Assessment Notice Requirement Under Department of Labor Laws
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Gere of Kennebunkport
Committee: Labor and Housing
Fiscal Note Required: No
             
Preliminary Fiscal Impact Statement
Minor savings - Other Special Revenue Funds
Fiscal Detail and Notes
Eliminating the requirement that notices of assessment to certain insurance carriers licensed to write workers' compensation insurance in Maine as well as certain self-insured employers authorized to make workers' compensation payments directly to employees be sent by certified mail may result in savings to the Safety Education and Training Assessment Fund within the Department of Labor beginning in fiscal year 2023-24 if the alternative method of notifying the affected insurance carriers and self-insured employers is less expensive than the cost of sending the notification through certified mail. Any potential savings is expected to be minor.