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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 916 |
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RESOLUTION,
Proposing an Amendment to the Constitution of Maine To Limit Present-home
Property Taxes |
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LR 0085(01) |
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Fiscal Note for Original Bill |
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Sponsor: Rep. Davis of Falmouth |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current biennium cost increase - General Fund |
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Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-03 |
General |
Referendum |
Standard |
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The
Secretary of State's budget includes sufficient funds to accommodate one
ballot of average length for the general election in November. If the number
or size of the referendum questions increases the ballot length, an
additional appropriation of $8,000 or more may be required. |
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Fiscal Detail
and Notes |
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If
approved by the voters, this resolution would shift property tax burdens
between property owners within municipalities. There would be no impact to the state other than the referendum
costs. |
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