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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 938 |
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RESOLUTION,
Proposing an Amendment to the Constitution of Maine to Change the Assessment
of Lands Used for Long-term Ownership |
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LR 1832(02) |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Taxation |
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Fiscal Note
Required: Yes |
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Minority Report |
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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-04 |
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
this constitutional resolution is approved by the voters and becomes
effective, its implementation would produce a property tax burden shift among
property owners within municipalities. |
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