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132nd MAINE LEGISLATURE |
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LD 894 |
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LR 296(08) |
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An Act to Amend
the Laws Governing Paid Family and Medical Leave |
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Fiscal Note for
House Amendment " " to Original Bill |
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Sponsor: Rep. Carlow of Buxton |
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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 |
| Revenue |
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Paid Family and Medical
Leave Insurance Fund |
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($25,000,000) |
($30,000,000) |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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The Department of
Labor estimates that reimbursing certain employers that remitted premium
contributions to the Paid Family and Medical Leave Insurance Fund on or after
January 1, 2025 and who received approval to substitute a private plan before
January 1, 2026 will reduce revenue in the fund by $25.0 million in fiscal
year 2025-26 and $30.0 million in fiscal year 2026-27. |
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