| 123rd MAINE LEGISLATURE | ||||||
| LD 1558 | LR 947(01) | |||||
| An Act To Improve the Process for Adjustment for Sudden and Severe Disruption of Valuation | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Woodbury of Yarmouth | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| Minor cost increase - General Fund | ||||||
| Fiscal Detail and Notes | ||||||
| This legislation will not affect the determination of the total state and local cost of providing K-12 public education or the calculation of the State's share. Additional costs to the Department of Education associated with performing the required calculation can be absorbed within existing budgeted resources. | ||||||
| Additional costs to the Maine Revenue Services associated with municipal requests for valuation adjustments can be absorbed within existing budgeted resources. | ||||||