LD 734 LR 485(02)
Resolve, To Expedite the Processing of Applications for Certification under the Federal Work Opportunity Tax Credit
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor and Housing
Fiscal Note Required: Yes
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $60,581 $81,077 $83,993 $87,025
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