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132nd MAINE LEGISLATURE |
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LD 609 |
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LR 1775(25) |
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An Act Making
Certain Appropriations and Allocations and Changing Certain Provisions of Law
Necessary to the Proper Operations of State Government |
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Fiscal Note for
House Amendment " " to Committee Amendment "A" |
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Sponsor: Rep. Libby of Auburn |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
Net Cost
(Savings) |
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General Fund |
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($2,301,801) |
($2,390,778) |
($2,484,018) |
($2,580,895) |
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Highway Fund |
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($381,461) |
($396,553) |
($412,019) |
($428,087) |
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Appropriations/Allocations |
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General Fund |
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($2,301,801) |
($2,390,778) |
($2,484,018) |
($2,580,895) |
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Highway Fund |
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($381,461) |
($396,553) |
($412,019) |
($428,087) |
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Fiscal Detail
and Notes |
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Requiring
employees of State Government to contribute one-half of the 1% assessment on
employee wages to finance the payment of benefits as well as administrative
costs under the paid family and medical leave benefits program will reduce
the General Fund cost of the bill by approximately $2.30 million in fiscal
year 2025-26 and $2.39 million in fiscal year 2026-27. Savings to the Highway
Fund are estimated to be 0.38 million in fiscal year 2025-26 and 0.40 million
in fiscal year 2026-27. The baseline budget in LD 609 assumes that State will
pay the full 1% assessment in 2026-2027 biennium. Savings in other funds that
support position costs are estimated to be $1.88 million in fiscal year
2025-26 and $1.96 million in fiscal year 2026-27. |
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