121st Maine Legislature
		Office of Fiscal and Program Review
		LD 937
		An Act To Require the Net Proceeds from the Sale of a Foreclosed Property To Be Returned to the Former Owner
		LR 0345(03)
		Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: Taxation
		Fiscal Note Required: Yes
Fiscal Note
Current Cost - State Mandate.
	New or Expanded Activity			Unit Affected	Costs
	Requires a municipality to utilize a competitive bid process to dispose of certain property and requires the municipality to disburse the excess of any funds to the former owner.			Municipality	Significant