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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1746 |
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An Act
To Provide Equity in Veterans' Property Tax Exemptions |
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LR 2282(01) |
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Fiscal Note for Original Bill |
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Sponsor: Rep. Thompson of China |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2003-04 |
2004-05 |
2005-06 |
2006-07 |
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Net Cost
(Savings) |
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General Fund |
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$0 |
$0 |
$4,500 |
$4,600 |
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Appropriations/Allocations |
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General Fund |
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$0 |
$0 |
$4,500 |
$4,600 |
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Fiscal Detail
and Notes |
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Maine
Revenue Services will require $4,500 in fiscal year 2005-06 and $4,600 in
fiscal year 2006-07 to reimburse municipalities for 50% of the property tax
revenue loss associated with the expansion of the Veteran's Property Tax
Exemption. |
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