Previous PageTable Of ContentsNext Page

PUBLIC LAWS OF MAINE
Second Special Session of the 121st

PART BB

     Sec. BB-1. 36 MRSA §6203, as enacted by PL 1987, c. 516, §§3 and 6, is repealed.

     Sec. BB-2. 36 MRSA §6203-A is enacted to read:

§6203-A. Procedure for reimbursement

     At least monthly on or before the last day of the month, the State Tax Assessor shall determine the benefit for each claimant under this chapter and certify the amount to the State Controller to be transferred to the so-called circuit breaker reserve established, maintained and administered by the State Controller from General Fund undedicated revenue within the individual income tax category. At least monthly, the assessor shall pay the certified amounts to each approved applicant qualifying for the benefit under this chapter. Interest may not be allowed on any payment made to a claimant pursuant to this chapter.

     Sec. BB-3. Limit on transfers to circuit breaker reserve. Notwithstanding the Maine Revised Statutes, Title 36, section 6203-A, the State Tax Assessor may certify transfers to the circuit breaker reserve up to and not to exceed a total of $24,742,857 in fiscal year 2004-05.

     Sec. BB-4. Appropriations and allocations. The following appropriations and allocations are made.

ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
Maine Residents Property Tax Program 0648
Initiative: Deappropriates funds to convert this program to be reflected as an offset to the individual income tax line.
General Fund 2003-04 2004-05

Revisor of Statutes Homepage Subject Index Search 121st Laws of Maine Maine Legislature

About the 2003 Laws Of Maine

Previous PageTop Of PageTable Of ContentsNext Page

Office of the Revisor of Statutes
State House, Room 108
Augusta, Maine 04333

Contact the Office of the Revisor of Statutes