| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 36 MRSA §4641-B, sub-§§3 and 4, as enacted by PL 2001, c. 559, | | Pt. I, §4 and affected by §15, are repealed and the following | | enacted in their place: |
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| | | 3.__Disposition of funds.__On or before the 10th day of each | | month, each register of deeds shall pay over to the State Tax | | Assessor a percentage of the tax collected during the previous | | month based on the following schedule: |
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| | | A.__Beginning February 2004, 89% of the tax collected.__ | | The remaining 11% is retained by the county by the | | register of deeds and accounted for to the county | | treasurer as reimbursement for services rendered by the | | county in collecting the tax; |
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| | | B.__Beginning February 2005, 87% of the tax collected.__ | | The remaining 13% is retained by the county by the | | register of deeds and accounted for to the county | | treasurer as reimbursement for services rendered by the | | county in collecting the tax; |
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| | | C.__Beginning February 2006, 84% of the tax collected.__ | | The remaining 16% is retained by the county by the | | register of deeds and accounted for to the county | | treasurer as reimbursement for services rendered by the | | county in collecting the tax; |
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| | | D.__Beginning February 2007, 80% of the tax collected.__ | | The remaining 20% is retained by the county by the | | register of deeds and accounted for to the county | | treasurer as reimbursement for services rendered by the | | county in collecting the tax; and |
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| | | E.__Beginning February 2008, 75% of the tax collected.__ | | The remaining 25% is retained by the county by the | | register of deeds and accounted for to the county | | treasurer as reimbursement for services rendered by the | | county in collecting the tax. |
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| | | 4.__Distribution of State's share of proceeds.__The State | | Tax Assessor shall pay all net receipts to the Treasurer of | | State, who shall monthly pay to the Maine State Housing | | Authority an amount equal to 45% of the total tax collected.__ | | That amount must be deposited in the Housing Opportunities for | | Maine Fund established in Title 30-A, section 4853.__The | | Treasurer of State shall credit the remainder of the net | | receipts to the General Fund. |
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