LD 1448
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LD 1448 Title Page PUBLIC Law Chapter 174 LD 1448 Title Page
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LR 1932
Item 1

 
CHAPTER 174

 
H.P. 1060 - L.D. 1448

 
An Act To Clarify the Administration of State-municipal

 
Revenue Sharing

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 30-A MRSA §5681, sub-§5, as amended by PL 2003, c. 20, Pt. W,
§1, is further amended to read:

 
5. Transfers to funds. On the last day of each month, the
Treasurer of State shall transfer to the Local Government Fund a
percentage, as provided in this subsection, of the receipts from
the taxes imposed under Title 36, Parts 3 and 8 and credited to
the General Fund without any reduction, except that the postage,
state cost allocation program and programming costs of
administering state-municipal revenue sharing may be paid by the
Local Government Fund. Any amounts transferred to the Local
Government Fund in excess of the annual growth ceiling must be
transferred to the Disproportionate Tax Burden Fund. The
percentage transferred to the Local Government Fund on the last
day of each month is:

 
A. For months beginning before July 1, 2005, 5.1%; and

 
B. For months beginning on or after July 1, 2005, 5.2%.


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