LD 581 LR 1598(02)
Resolve, To Expedite 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 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $60,060 $81,052 $83,678 $86,392
General Fund $60,060 $81,052 $83,678 $86,392
Fiscal Detail and Notes
This bill includes General Fund appropriations of $60,060 in fiscal year 2021-22 and $81,052 in fiscal year 2022-23 for one Eligibility Specialist position within the Employment Services Activity program within the Department of Labor to expedite the processing of employer applications for certification required for the federal work opportunity tax credit under Section 51 of the United States Internal Revenue code of 1986.  This fiscal note assumes an effective date of October 1, 2021.