|
|
|
|
|
|
|
|
132nd MAINE LEGISLATURE |
|
|
LD 1712 |
|
LR 1651(02) |
|
|
|
An Act to Amend
the Paid Family and Medical Leave Benefits Program to Balance Support of
Businesses and Employees |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Labor |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
($817,000) |
($4,157,656) |
($4,512,500) |
($4,816,500) |
|
|
|
|
|
|
|
| Appropriations/Allocations |
|
|
|
|
|
|
General Fund |
|
$0 |
$12,844 |
$0 |
$0 |
|
Paid Family and Medical
Leave Insurance Fund |
|
$20,000 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
General Fund |
|
$817,000 |
$4,170,500 |
$4,512,500 |
$4,816,500 |
|
Other Special Revenue Funds |
|
$43,000 |
$219,500 |
$237,500 |
$253,500 |
|
Paid Family and Medical
Leave Insurance Fund |
|
($25,000,000) |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
| Fiscal Detail
and Notes |
|
|
|
|
|
|
This bill includes
a revenue increase to the General Fund of $817,000 in fiscal year 2025-26 and
$4,170,500 in fiscal year 2026-27 due to the taxation of family leave
benefits and medical leave benefits effective January 1, 2026. The bill also
includes a revenue increase to the Local Government Fund of $43,000 in fiscal
year 2025-26 and $219,500 in fiscal year 2026-27. |
|
Additionally, the
bill includes a one-time General Fund appropriation to the Bureau of Revenue
Services within the Department of Administrative and Financial Services of
$12,844 in fiscal year 2026-27 to fund computer programming costs associated
with the provisions of this bill. |
|
The Department of
Labor estimates that reimbursing certain employers with an approved private
plan that was in place on or before January 1, 2026 for the contributions
made to the Paid Family and Medical Leave Insurance Fund will reduce revenue
in the fund by $25.0 million in fiscal year 2025-26. The change in the weekly benefit amount
that an employee may receive is expected to reduce the amount of benefits
paid out of the fund by approximately $47.0 million per year beginning in
fiscal year 2026-27. |
|
This bill includes
a one-time Paid Family and Medical Leave Insurance Fund allocation of $20,000
in fiscal year 2025-26 to the Department of Labor for the cost associated
with calculating and refunding contributions paid by employers with a private
plan in place on or before January 1, 2026 that is approved by the Department
of Labor. |
|
|
|
|
|
|
|