HP1324
LD 1892
PS Law, Chapter 23

Signed on 2007-06-25 00:00:00.0 - First Regular Session - 123rd Maine Legislature
 
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LR 2649
Item 1
Bill Tracking Chamber Status

An Act To Allow the City of Auburn To Adjust the Definition of "Original Assessed Value" for the City of Auburn's Mall Area Municipal Tax Increment Financing District and the City of Auburn's Downtown Area Municipal Tax Increment Financing District

Be it enacted by the People of the State of Maine as follows:

Sec. 1. Authorization to adjust the definition of "original assessed value." Notwithstanding the Maine Revised Statutes, Title 30-A, section 5222, the City of Auburn may define "original assessed value" for the tax increment financing districts it designated between April 1, 2001 and March 31, 2002 as the assessed value of the districts as of April 1, 2001.

Effective September 20, 2007


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