LD 1410 LR 33(02)
An Act To Create Paid Family and Medical Leave Benefits
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor and Housing
Fiscal Note Required: Yes
Fiscal Note
Legislative Cost/Study
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $0 $0 $0 $0
General Fund $0 $200,000 $0 $0
General Fund $0 $200,000 $0 $0
Other Special Revenue Funds $0 ($200,000) $0 $0
Legislative Cost/Study
The general operating expenses of this study are projected to be $2,000 in fiscal year 2020-21 and $2,000 in 2021-22. An estimated $6,190 is available in fiscal year 2020-21 in the Legislature's budget for legislative studies as well as any balances from prior years for this purpose. Whether these amounts are sufficient to fund all studies will depend on the number of studies authorized by the Legislative Council and the Legislature. The additional costs of providing staffing assistance to the study during the interim can be absorbed utilizing existing budgeted staff resources.
Fiscal Detail and Notes
The bill provides a one-time General Fund appropriation in fiscal year 2020-21 to the Governor's Office of Policy Innovation and the Future to contract for and completed an actuarial study of the paid family and medical leave program. The bill also transfers $200,000 from available balances in Other Special Revenue Funds accounts within the Department of Professional and Financial Regulation to the unappropriated surplus of the General Fund at the end of fiscal year 2020-21 to offset the cost of the appropriation.
Any additional costs to the Departments of Health and Human Services, Labor and Administrative and Financial Services to provide staff assistance to the commission are expected to be minor and can be absorbed within existing budgeted resources.