LD 1909
pg. 3
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LR 2905
Item 1

 
A. "Average real personal income growth" means the average
for the prior 10 calendar years, ending with the most recent
calendar year for which data is available, of the percent
change in personal income in this State, as estimated by the
United States Department of Commerce, Bureau of Economic
Analysis, less the percent change in the Consumer Price
Index for the calendar year. For purposes of this
subsection, "Consumer Price Index" has the same meaning as
in Title 36, section 5402, subsection 1 has the same meaning
as under Title 5, section 1531, subsection 2.

 
Sec. 6. 30-A MRSA §706-A, sub-§1, ¶C, as enacted by PL 2005, c. 2, Pt.
B, §1 and affected by §§2 and 4 and c. 12, Pt. WW, §14, is
amended to read:

 
C. "Forecasted inflation" means the average amount of
change of the Consumer Price Index for the calendar years
that are part of the ensuing biennium forecasted by the
Consensus Economic Forecasting Commission in its November
1st report of even-number years has the same meaning as
under Title 5, section 1531, subsection 6.

 
Sec. 7. 30-A MRSA §706-A, sub-§1, ¶E, as enacted by PL 2005, c. 2, Pt.
B, §1 and affected by §§2 and 4 and c. 12, Pt. WW, §14, is
amended to read:

 
E. "State and local tax burden" means the total amount of
state and local taxes paid by Maine residents per $1,000 of
income, as determined annually by the State Tax Assessor
based on data from the United States Department of Commerce,
Census Bureau and Bureau of Economic Analysis has the same
meaning as under Title 5, section 1531, subsection 9.

 
Sec. 8. 30-A MRSA §706-A, sub-§2, ¶B, as enacted by PL 2005, c. 2, Pt.
B, §1 and affected by §§2 and 4 and c. 12, Pt. WW, §14, is
amended to read:

 
B. The county assessment limit for subsequent fiscal years
is the county assessment limit for the preceding year
multiplied by one plus the growth limitation factor pursuant
to subsection 3.

 
Sec. 9. 30-A MRSA §5721-A, sub-§1, ¶A, as enacted by PL 2005, c. 2, Pt.
C, §1 and affected by §§3 and 5 and c. 12, Pt. WW, §16, is
amended to read:

 
A. "Average real personal income growth" means the average for
the prior 10 calendar years, ending with the most recent calendar
year for which data is available, of the percent change in
personal income in this State, as estimated by the


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