121st Maine Legislature
Office of Fiscal and Program Review
LD 916
RESOLUTION, Proposing an Amendment to the Constitution of Maine To Limit Present-home Property Taxes     
LR 0085(01)
Fiscal Note for Original Bill
Sponsor: Rep. Davis of Falmouth
Committee: Taxation
Fiscal Note Required: Yes
   
             
Fiscal Note
Current biennium cost increase - General Fund
Referendum Costs Month/Year Election Type Question Length
Nov-03 General Referendum Standard
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. 
Fiscal Detail and Notes
If approved by the voters, this resolution would shift property tax burdens between property owners within municipalities.  There would be no impact to the state other than the referendum costs.