129th MAINE LEGISLATURE LD 734 LR 485(01) Resolve, To Expedite the Processing of Applications for Certification under the Federal Work Opportunity Tax Credit
Preliminary Fiscal Impact Statement for Original Bill Sponsor: Rep. Talbot Ross of Portland Committee: Labor and Housing Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Projections Projections FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 Net Cost (Savings) General Fund $60,581 $81,077 $83,993 $87,025
Appropriations/Allocations General Fund $60,581 $81,077 $83,993 $87,025
Fiscal Detail and Notes This bill includes General Fund appropriations of $60,581 in fiscal year 2019-20 and $81,077 in fiscal year 2020-21 to the Employment Services Activity program within the Department of Labor for one Eligibility Specialist position and related All Other costs to expedite the processing of employer applications for certification required for the federal work opportunity tax credit.
Additional costs to the Department of Labor to prepare and submit the required report can be absorbed within existing budgeted resources
LR0485(01) - Fiscal Note - Page 1 of 1