| Beginning with fiscal year 2003-04, a town or a plantation in |
the commission's jurisdiction or a portion of a town or |
plantation within the commission's jurisdiction that elects not |
to administer land use controls at the local level but receives |
commission services, including planning, permitting and ensuring |
compliance, must be assessed a fee equal to .0l% of the most |
recent equalized state valuation established by the State Tax |
Assessor for that town or plantation or that portion of a town or |
plantation within the commission's jurisdiction. The State Tax |
Assessor shall issue a warrant to each such town or plantation or |
that portion of a town or plantation within the commission's |
jurisdiction no later than March 1st of each year. The warrant |
is payable on demand. Interest charges on unpaid fees begin on |
June 30th of each year and are compounded monthly at the interest |
rate for unpaid property tax as established by the State Tax |
Assessor for the unorganized territory. For any assessment that |
remains unpaid as of September 1st of the year in which it is |
due, state revenue sharing to that town or plantation or that |
portion of a town or plantation within the commission's |
jurisdiction must be reduced by an amount equal to any unpaid |
warrant amount plus any accrued interest, until the amount is |
paid. These fees must be deposited to the General Fund. |