LD 965 LR 1162(01)
An Act Concerning Nondisclosure Agreements in Employment
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Harnett of Gardiner
Committee: Labor and Housing
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Minor revenue increase - General Fund
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $68,886 $92,956 $95,761 $98,656
General Fund $68,886 $92,956 $95,761 $98,656
Fiscal Detail and Notes
The Regulation and Enforcement program within the Department of Labor will require General Fund appropriations of $68,886 in fiscal year 2021-22 and $92,956 in fiscal year 2022-23 for one Labor and Safety Inspector position and related All Other costs associated with enforcement of the law regarding nondisclosure agreements pursuant to Title 26, section 599-C.  This preliminary fiscal impact statement assumes an October 1, 2021 effective date.
Additional General Fund revenue from the assessment of fines is expected to be minor.