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131st MAINE LEGISLATURE |
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LD 1964 |
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LR 9(04) |
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An Act to
Implement the Recommendations of the Commission to Develop a Paid Family and
Medical Leave Benefits Program |
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Fiscal Note for
House Amendment " " to Committee Amendment "A" |
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Sponsor: Rep. Bradstreet of Vassalboro |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
Net Cost
(Savings) |
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General Fund |
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$0 |
($492,222) |
($1,004,134) |
($1,024,216) |
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Highway Fund |
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$0 |
($136,037) |
($277,516) |
($283,067) |
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Appropriations/Allocations |
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General Fund |
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$0 |
($492,222) |
($1,004,134) |
($1,024,216) |
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Highway Fund |
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$0 |
($136,037) |
($277,516) |
($283,067) |
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Other Special Revenue Funds |
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$0 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This amendment
increases the maximum employee contribution rate to be deducted from employee
wages from 50% to 75% and decreases the maximum employer contribution rate
from 50% to 25%. General Fund
appropriations are reduced by $492,222 and Highway Fund allocations are
reduced by $136,037 in fiscal year 2024-25. |
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