122nd MAINE LEGISLATURE
LD 235 LR 0714(22)
An Act to Increase the Minimum Wage
Fiscal Note for House Amendment "   " to Committee Amendment "   "
Sponsor: Rep. Eder
Fiscal Note Required: Yes
   
             
Fiscal Note
Undetermined future biennium cost increase - All Funds
Fiscal Detail and Notes
Requiring that the minimum hourly wage by adjusted on October 1, 2008 and every October 1 thereafter, by the positive percent change in the Consumer Price Index will result in a future cost to the State as an employer.  The amount and timing of the impact can not be determined and will depend on when the increase in the minimum wage results in it surpassing the lowest hourly wage rate paid to state employees. 
Additional costs to the Department of Labor associated with adjusting the minimum hourly wage can be absorbed within existing budgeted resources.