LD 1103
pg. 2
Page 1 of 2 An Act To Provide Funding to the Land for Maine's Future Fund LD 1103 Title Page
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LR 386
Item 1

 
SUMMARY

 
This bill dedicates a portion of the real estate transfer tax
revenue to the Land for Maine's Future Fund instead of the
General Fund beginning in fiscal year 2006-07. It requires the
Land for Maine's Future Board to dedicate at least 25% of the
revenue generated by each county and transferred to the Land for
Maine's Future Fund for land acquisitions within the county in
which the transfer tax revenue was raised.


Page 1 of 2 Top of Page LD 1103 Title Page