Sec. BBB-5. 36 MRSA §§6664 and 6665 are enacted to read:

§6664.__Report

1.__Report to Legislature.__By January 15th annually, the State Tax Assessor shall submit to the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs and the joint standing committee of the Legislature having jurisdiction over taxation matters a report that contains the following information with regard to persons receiving benefits under this chapter:

A. A list of persons receiving reimbursement for property taxes both under this chapter and under a tax increment financing agreement;

B.__The total tax increment financing district property value for each person;

C.__The municipality of each tax increment financing district and the property tax rate for that municipality;

D.__The total tax increment financing district property taxes paid, categorized by real property and personal property;

E.__The total of tax increment financing credit enhancement agreement reimbursement for property taxes paid categorized by real property and personal property;

F.__The total reimbursement received by each person under this chapter; and

G.__The extent of overlap between reimbursement for property taxes on personal property under this chapter and under a tax increment financing agreement.

2.__Cooperation.__The Department of Economic and Community Development and municipalities shall provide any information requested by the State Tax Assessor for the completion of the report required by this section.

§6665.__Financial projections report

1.__Report to Legislature.__By January 15th annually, the State Tax Assessor shall submit to the joint standing committee