125th MAINE LEGISLATURE
		LD 1725		LR 2554(09)
	An Act To Strengthen the Unemployment Insurance Laws and Reduce Unemployment Fraud
	Fiscal Note for Bill as Engrossed with: C "A" (S-483) S "C" (S-545)
	Committee: Labor, Commerce, Research and Economic Development
Fiscal Note
Potential current biennium savings - Unemployment Compensation Trust Fund Potential future biennium revenue decrease - Unemployment Compensation Trust Fund
Fiscal Detail and Notes
	Including vacation pay that exceeds 4 weeks of an individual's wages as deductible income when calculating a claimant's unemployment compensation benefit amount will decrease costs to the Unemployment Compensation Trust Fund beginning in fiscal year 2012-13 due to a decrease in benefit payments.
	This reduction of benefits may potentially affect the contribution rate schedule in future biennia.  The impact to all employers and the timing of the impact can not be determined at this time and will depend on the level of benefits paid, contributions received and the balance of the trust fund when the contribution schedule is calculated.
	This bill will reduce unemployment costs for executive branch departments and agencies that are in direct reimbursement status.