122nd MAINE LEGISLATURE
LD 1 LR 0328(37)
An Act to Increase the State Share of Education Costs, Reduce Property Taxes and Reduce Government Spending at All Levels
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Plowman
Fiscal Note Required: Yes
   
             
Fiscal Note
Potential current biennium savings - General Fund
Fiscal Detail and Notes
This amendment may decrease the amount of funding required to reimburse municipalities for 90% of the additional costs associated with changing the homestead exemption if a large number of municipalities elect to retain the current tiered exemption.  The amount of savings can not be estimated at this time.