121st Maine Legislature
		Office of Fiscal and Program Review
		LD 938
		RESOLUTION, Proposing an Amendment to the Constitution of Maine to Change the Assessment of Lands Used for Long-term Ownership
		LR 1832(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. Percy of Phippsburg
		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 this constitutional resolution is approved by the voters and becomes effective, its implementation would produce a property tax burden shift among property owners within municipalities.