128th MAINE LEGISLATURE
		LD 289		LR 185(02)
	An Act To Extend the Veteran Property Tax Exemption to Veterans Who Have Served on Active Duty
	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	$15,000	$430,000	$445,000
Appropriations/Allocations
	General Fund		$0	$15,000	$430,000	$445,000
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 at least 62 years of age who have served on active duty or have qualifying disabilities.				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 property tax exemption to veterans at least 62 years of age who have served on active duty or have qualifying disabilities.  The bill includes a General Fund appropriation of $15,000 in fiscal year 2018-19 to the Department of Administrative and Financial Services to reimburse municipalities for administrative costs associated with implementing this property tax exemption.  General Fund appropriations would need to be provided beginning in fiscal year 2019-20 to reimburse municipalities for 50% of the exemption as required by the Maine Constitution, Article IV, Part 3, Section 23.