123rd MAINE LEGISLATURE
LD 172 LR 246(01)
An Act To Increase the Property Tax Exemption for Veterans
Fiscal Note for Original Bill
Sponsor: Rep. Nass, J. of Acton
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $0 $359,800 $372,393 $385,427
Appropriations/Allocations
General Fund $0 $359,800 $372,393 $385,427
Fiscal Detail and Notes
The cost of reimbursing municipalities for 50% of the local revenue loss is estimated to be $359,800 in fiscal year 2008-09.