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Fiscal Note

SB0186 - Payment of Wages Amendments

State Impact:
This bill could generate additional revenue to the State. Any additional effort required by the provisions of this bill will be offset by revenue generated from penalties or can be absorbed within existing budgets. It is estimated that this bill will generate approximately $82,500 in penalty fees above current collections after expenses and repayment to the employee.

Funding Source FY 02
Approp.
FY 03
Approp.
FY 02
Revenue
FY 03
Revenue
General Fund $0 $0 $82,500 $82,500
TOTAL

$0


$0


$82,500


$82,500

Individual and Business Impact:
Employers who violate provisions of this section of code could pay up to $3,000 more in penalties. The bill may also expedite at least a partial repayment to employees.

Office of the Legislative Fiscal Analyst
2/9/2001 11:17:55 AM


Last Revised: 30 August, 2000

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