A.__The projected costs of benefits for the current biennium and ensuing 2 biennia; and

B.__The economic factors and underlying assumptions that contribute to the projected costs.

Sec. BBB-6. Application date. Those sections of this Part that enact subsections in the Maine Revised Statutes, Title 36, section 6651 and enact Title 36, section 6652, subsection 1-D apply to property taxes based on the status of property on or after April 1, 2007.

Sec. BBB-7. Appropriations and allocations. The following appropriations and allocations are made.

ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF

Business Equipment Tax Reimbursement 0806

Initiative: Eliminates the appropriation for the Business Equipment Tax Reimbursement, BETR, program and in its place creates the Business Equipment Tax Reimbursement reserve account, to which transfers are made from General Fund undedicated revenue within the individual income tax category in order to pay benefits under the BETR program.

GENERAL FUND 2005-06 2006-07

All Other ($73,463,191) ($75,718,341)

____________ ____________

GENERAL FUND TOTAL ($73,463,191) ($75,718,341)

PART CCC

Sec. CCC-1. Transfer from unappropriated surplus at close of fiscal year 2005-06. Notwithstanding any other provision of law, at the close of fiscal year 2005-06, the State Controller shall transfer an amount up to $8,122,000 available from the unappropriated surplus of the General Fund to the department and agency accounts listed in section 2 after all required deductions of appropriations, budgeted financial commitments and adjustments considered necessary by the State Controller have been made and as the next priority after the transfers required pursuant to the Maine Revised Statutes, Title 5, sections 1507, 1511 and 1536.