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claimant owes to the Bureau of Revenue Services. The claimant may | seek reconsideration, pursuant to section 151, of the assessment. |
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| | Sec. BBB-3. Appropriations and allocations. The following appropriations | and allocations are made. |
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| ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF |
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| Maine Revenue Services 0002 |
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| Initiative: Provides funds for computer programming costs | associated with limiting the reimbursement of property taxes | under the Business Equipment Tax Reimbursement program to 90% of | the taxes assessed and paid. |
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| GENERAL FUND | 2005-06 | 2006-07 |
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| GENERAL FUND TOTAL | | $20,000 |
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| | Sec. CCC-1. 36 MRSA §578, sub-§1, as amended by PL 1999, c. 708, §21, | is further amended to read: |
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| | 1. Organized areas. The municipal assessors or chief | assessor of a primary assessing area shall adjust the State Tax | Assessor's 100% valuation per acre for each forest type of their | county by whatever ratio, or percentage of current just value, is | applied to other property within the municipality to obtain the | assessed values. Forest land in the organized areas, subject to | taxation under this subchapter, must be taxed at the property tax | rate applicable to other property in the municipality. |
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| The State Tax Assessor shall pay any municipal claim found to be | in satisfactory form within 120 days after receipt of the claim. |
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| The State Tax Assessor shall determine annually the amount of | acreage in each municipality that is classified and taxed in | accordance with this subchapter. Each such municipality is | entitled to annual payments from money appropriated by the | Legislature if it submits an annual return in accordance with | section 383 and if it achieves the appropriate minimum assessment | ratio described in section 327. The State Tax Assessor shall pay | any municipal claim found to be in satisfactory form by August | 1st of the year following the submission of the annual return. | The | per acre reimbursement is 90% of the per acre tax revenue |
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