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Amend the bill in section 1 in §54 in subsection 1 in the 3rd line (page 1, line 6 in L.D.) by striking out the following: "chief executive officer" and inserting the following: 'highest-paid executive'
Amend the bill in section 1 in §54 in subsection 2 in paragraph B in the first line (page 1, line 11 in L.D.) by striking out the following: "chief executive officer" and inserting the following: 'highest-paid executive'
Amend the bill in section 1 in §54 in subsection 2 in paragraph C in the first line (page 1, line 14 in L.D.) by striking out the following: "chief executive officer" and inserting the following: 'highest-paid executive'
Amend the bill by inserting after section 1 the following:
‘Sec. 2. Appropriations and allocations. The following appropriations and allocations are made.
 
LABOR, DEPARTMENT OF
 
Employer Compensation Report Fund N189
 
Initiative: Provides a base allocation in the event outside funds are received to support the cost of preparing the report required by the Maine Revised Statutes, Title 26, section 54, subsection 2.

OTHER SPECIAL REVENUE FUNDS	2015-16	2016-17	
All Other	$500	$500	
			
OTHER SPECIAL REVENUE FUNDS TOTAL	$500	$500	

Regulation and Enforcement 0159
 
Initiative: Provides funds for one Program Manager position, one Labor and Safety Inspector position and one Office Associate II position and related All Other to implement and administer the compensation reporting requirement in the Maine Revised Statutes, Title 26, section 54.

GENERAL FUND	2015-16	2016-17	
POSITIONS - LEGISLATIVE COUNT	3.000	3.000	
Personal Services	$152,993	$203,990	
All Other	$17,100	$16,800	
			
GENERAL FUND TOTAL	$170,093	$220,790	

Regulation and Enforcement 0159
 
Initiative: Provides funds for the development of an Internet-based portal to allow employers to report the compensation data required by the Maine Revised Statutes, Title 26, section 54.

GENERAL FUND	2015-16	2016-17	
All Other	$64,200	$4,200	
			
GENERAL FUND TOTAL	$64,200	$4,200	

LABOR, DEPARTMENT OF			
DEPARTMENT TOTALS	2015-16	2016-17	
			
GENERAL FUND	$234,293	$224,990	
OTHER SPECIAL REVENUE FUNDS	$500	$500	
			
DEPARTMENT TOTAL - ALL FUNDS	$234,793	$225,490	
 
’
 
SUMMARY
This amendment provides that the compensation disclosure and reporting requirements of the bill apply with respect to an employer's highest-paid executive rather than the employer's chief executive officer.
The amendment also adds an appropriations and allocations section.
FISCAL NOTE REQUIRED
(See attached)