124th MAINE LEGISLATURE
		LD 349		LR 733(02)
	An Act To Authorize Arbitration of Property Tax Valuation Disputes
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
State Mandate - Unfunded
State Mandates
	Required Activity				Unit Affected	Local Cost
	Requiring municipalities to engage in additional administrative and clerical functions, including participating in arbitration and possibly sharing half the costs of said arbitration, may be a mandate under the Constitution of Maine.				Municipality	Significant statewide
	The required local activities in this bill may represent a State mandate pursuant to the Constitution of Maine.  Unless General Fund appropriations are provided to fund at least 90% of the additional costs or a Mandate Preamble is amended to the bill and two-thirds of the members of each House vote to exempt this mandate from the funding requirement, municipalities may not be required to implement these changes.