131st MAINE LEGISLATURE
LD 1964 LR 9(04)
An Act to Implement the Recommendations of the Commission to Develop a Paid Family and Medical Leave Benefits Program
Fiscal Note for House Amendment " " to Committee Amendment "A"
Sponsor: Rep. Bradstreet of Vassalboro
Fiscal Note Required: Yes
             
Fiscal Note
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $0 ($492,222) ($1,004,134) ($1,024,216)
Highway Fund $0 ($136,037) ($277,516) ($283,067)
Appropriations/Allocations
General Fund $0 ($492,222) ($1,004,134) ($1,024,216)
Highway Fund $0 ($136,037) ($277,516) ($283,067)
Other Special Revenue Funds $0 $0 $0 $0
Fiscal Detail and Notes
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.