| | | 8.__Enforcement.__In the event a county makes appropriations | | in violation of this section, the State Tax Assessor may require | | the county to adjust its appropriation limit downward in an | | amount equal to the illegal appropriation and impose such other | | penalties as the Legislature may provide. |
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| | | Sec. F-1. 36 MRSA §685-A is enacted to read: |
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| | | During the period in which the State is increasing funding to | | at least 55% of the cost of essential programs and services, as | | described in Title 20-A, section 15671, the appropriation for the | | homestead property tax exemption must be at least $36,000,000. |
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| | | Notwithstanding any other provision of law, beginning with | | fiscal year 2005-06 and ending with the fiscal year for which the | | State first enacts a budget that funds at least 55% of the cost | | of essential programs and services as described in Title 20-A, | | section 15671, the State Controller shall transfer at the close | | of the fiscal year the balance of the funds appropriated for the | | homestead property tax exemption under this chapter after all | | required deductions of appropriation, budgeted financial | | commitments and other adjustments considered necessary by the | | State Controller have been made to the so-called circuit breaker | | reserve for the following fiscal year. |
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| | | Sec. F-2. 36 MRSA §6203-A, as enacted by PL 2003, c. 673, Pt. BB, | | §2, is amended to read: |
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| | | §6203-A. Procedure for reimbursement |
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| | | At least monthly on or before the last day of the month, the | | The State Tax Assessor shall determine the benefit for each | | claimant under this chapter and certify the amount to the State | | Controller to be transferred to the so-called circuit breaker | | reserve established, maintained and administered by the State | | Controller from General Fund undedicated revenue within the | individual income tax category. At least monthly, the | | assessor shall pay the certified amounts to each approved | | applicant qualifying for the benefit under this chapter. | | Interest may not be allowed on any payment made to a claimant | | pursuant to this chapter. In addition to the transfer required | | by section 685-A, by the end of fiscal years 2006-07, 2007-08 and | | 2008-09, the State Controller shall ensure that the amount | | transferred to the so-called circuit breaker reserve from | | undedicated revenue within the individual income tax | | category is |
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