128th MAINE LEGISLATURE
		LD 82		LR 344(02)
	An Act To Exempt Permanently Disabled Veterans from Payment of Property Tax
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
State Mandate - Funded
			FY 2017-18	FY 2018-19	Projections  FY 2019-20	Projections  FY 2020-21
Net Cost (Savings)
	General Fund		$0	$11,200	$4,750,000	$4,875,000
Appropriations/Allocations
	General Fund		$0	$11,200	$4,750,000	$4,875,000
State Mandates
	Required Activity				Unit Affected	Local Cost
	Requires municipalities to process additional property tax exemption applications as a result of expanding the exemption to veterans receiving a 100% service-connected disability.				Municipality	Moderate statewide
	The required local activities in this bill may represent a state mandate pursuant to the Constitution of Maine. If the bill does require a local unit of government to expand or modify its activities so as to necessitate additional expenditures from local revenue, the state mandate provisions of the Constitution of Maine require either: (1) General Fund appropriations be provided to fund at least 90% of any additional necessitated local costs of the mandate; or (2) a Mandate Preamble be added to the bill and two-thirds of the members of each House vote to exempt the mandate from the funding requirement. If the bill does represent a state mandate and neither one of these actions occurs, the local units of government will not be required to implement the mandated activities.
Fiscal Detail and Notes
	This bill provides a 100% property tax exemption to veterans receiving a 100% service-connected disability and municipalities will receive reimbursement for 100% of their property tax loss from the State.  The bill includes a General Fund appropriation of $11,200 in fiscal year 2018-19 to the Department of Administrative and Financial Services to reimburse municipalities for 90% of the mandated administrative costs of implementing this exemption.  Additional future General Fund appropriations will be needed beginning in fiscal year 2019-20 to reimburse municipalities for 100% of the exemption.