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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 208 |
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RESOLUTION,
Proposing an Amendment to the Constitution of Maine Related to the Taxation
of Personal Property |
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LR 0130(03) |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current
biennium cost increase - General Fund |
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Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-04 |
General |
Referendum |
Standard |
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The
Secretary of State's budget includes sufficient funds to accommodate one
ballot of average length for the general election in November. If the number
or size of the referendum questions increases the ballot length, an
additional appropriation of $8,000 or more may be required. |
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Fiscal Detail
and Notes |
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If
approved by the voters, this constitutional amendment will not require the
state to reimburse municipalities for 50% of the property tax loss to
municipalities attributable to this resolution. |
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