121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1794
		An Act To Expand Maine's Homestead Exemption for the Blind
		LR 2562(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. Richardson of Brunswick
		Committee: Taxation
		Fiscal Note Required: Yes
Fiscal Note
Future Cost - State Mandate
State Mandate
	New or Expanded Activity			Unit Affected	Costs
	Administrative expenses associated with expanding the property tax exemption.			Municipality	Insignificant
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	$0	$0	$300
Appropriations/Allocations
	General Fund		$0	$0	$0	$300
Fiscal Detail and Notes
	The cost to reimburse municipalities for 50% of the property tax revenue loss associated with the expansion of this exemption is estimated to be $300 beginning in fiscal year 2006-07.  This is in addition to the state mandate created by the minor administrative responsibilities at the local level associated with the new exemption.