LD 589
pg. 2
Page 1 of 2 An Act to Reduce Property Taxes by the State Reimbursing Special Education Cost... LD 589 Title Page
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LR 1640
Item 1

 
Revenue Services. The department shall present the formula and any
necessary implementing legislation to the Joint Standing Committee
on Taxation by January 15, 2000.

 
SUMMARY

 
This bill requires the State to subsidize at least 50% of a
school administrative district's special education cost if a
hardship is proven. This bill also requires the Department of
Education by January 15, 2000 to develop a formula to convert
this special education subsidization into a property tax
reduction for the taxpayers of the municipalities served by the
district.


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