126th MAINE LEGISLATURE
		LD 998		LR 1324(01)
	An Act To Provide Consistency in the Application of the Property Tax Exemption for Religious Organizations
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Sen. Haskell of Cumberland
	Committee: Taxation
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Net Cost (Savings)
	General Fund		$675,000	$675,000	$675,000	$675,000
Appropriations/Allocations
	General Fund		$675,000	$675,000	$675,000	$675,000
Fiscal Detail and Notes
	Expanding the property tax exemption for property owned by religious organizations to include all real and personal property owned and occupied or used solely for its own purposes and removing the $20,000 limitation on the exemption for parsonages and the $6,000 limitation on the exemption for personal property will require General Fund appropriations to Maine Revenue Services of $675,000 annually to reimburse municipalities for 50% of lost property tax revenue pursuant to Article IV, Part Third, Section 23 of the Maine Constitution.