LD 611 LR 60(02)
An Act To Adjust Maine's Minimum Wage Annually Based on Cost-of-living Changes
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
Fiscal Note
Potential future biennium cost increase - All Funds
Fiscal Detail and Notes
This bill may increase costs to the State in the future if the cost of living adjustment increases the minimum wage to an amount higher than the established hourly rate for a state employee at that time.  The impact of this potential future cost cannot be predicted at this time.
The Bureau of Labor Standards within the Department of Labor will incur additional costs in future biennia to implement and enforce the provisions of this legislation that require the minimum wage to be automatically adjusted for inflation on July 1st of every year beginning in July of 2017.