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122nd MAINE LEGISLATURE |
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LD 450 |
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LR 0539(02) |
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Resolve,
Authorizing the State Tax Assessor To Convey the Interest of the State in
Certain Real Estate in the Unorganized Territory |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Minor revenue increase - Other Special Revenue funds |
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Minor cost increase - Other Special Revenue funds |
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Fiscal Detail
and Notes |
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The
funds received as a result of the sales of real estate contained in this
Resolve and located in the Unorganized Territory will accrue as dedicated
revenue to the Unorganized Territory Education and Services Fund. The amount of additional dedicated revenue
will depend on the prices received for the real estate. The additional dedicated revenue will be
available to reduce future tax assessments in the Unorganized Territory. |
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