121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1171
		RESOLUTION, Proposing an Amendment to the Constitution of Maine To Allow Municipalities To Assess 2nd Homes at up to Twice the Valuation
		LR 0406(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. Suslovic of Portland
		Committee: Taxation
		Fiscal Note Required: Yes
Fiscal Note
Current biennium cost increase - General Fund
Potential current biennium revenue 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
	The increase in General Fund revenue and the cost of the property tax relief program envisioned by this legislation can not be estimated at this time and will only occur if this measure is approved by the voters.