121st Maine Legislature
		Office of Fiscal and Program Review
		LD 975
		An Act To Improve the Business Equipment Tax Reimbursement Program
		LR 1548(03)
		Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: Taxation
		Fiscal Note Required: No
		Minority Report
Fiscal Note
No state fiscal impact.
Fiscal Detail and Notes
	Reducing BETR reimbursement by the amount of benefits received from a tax increment financing (TIF) program for property placed in service after April 1, 2004 will eliminate the incentive for such provisions in TIFs in the future.  Without these provisions, there will be no reduction in BETR expenditures.