Sec. 1. 36 MRSA §198, sub-§3, ¶B, as enacted by PL 1999, c. 708, §20, is amended to read:

B. Chapter 105, subchapters IV and IV-B VI-A.

Sec. 2. 36 MRSA §507, first ¶, as amended by PL 1997, c. 643, Pt. HHH, §2 and affected by §10, is further amended to read:

When a municipality issues a property tax bill to each taxpayer, each bill must contain a statement or calculation that demonstrates the amount or percentage by which the taxpayer's tax has been reduced by the distribution of state-municipal revenue sharing, state reimbursement for the Maine resident homestead property tax exemption and state aid for education. The property tax bill must contain a statement of the assessed value of a homestead, before and after the calculation of a Maine resident homestead property tax exemption, and the amount of the exemption applied to the homestead. The State Tax Assessor shall annually provide each municipality with the amount of state-municipal revenue sharing and state aid for education subject to identification under this section.

Sec. 3. 36 MRSA c. 105, sub-c. IV-B, as enacted by PL 1997, c. 643, Pt. HHH, §3 and affected by §10, is repealed.

Sec. 4. 36 MRSA c. 105, sub-c. VI-A is enacted to read:

SUBCHAPTER VI-A

MAINE RESIDENT HOMESTEAD PROPERTY TAX

REBATE PROGRAM

§781.__Short title

This subchapter is known and may be cited as the "Maine Resident Homestead Property Tax Rebate Program."

§782.__Definitions

As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.

1.__Assessor.__"Assessor" means the State Tax Assessor.

2.__Claimant.__"Claimant" means an individual who has filed a claim for a property tax rebate under this subchapter.__In the case of a married couple, "claimant" means the 2 individuals collectively.