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(02)
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
Minority Report
   
             
Fiscal Note
Current biennium cost increase - General Fund
Referendum Costs Month/Year Election Type Question Length
Nov-04 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.