| 123rd MAINE LEGISLATURE | ||||||
| LD 762 | LR 2145(01) | |||||
| An Act To Enhance a Community's Capacity To Support Affordable Housing | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Pingree of North Haven | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| Potential current biennium revenue increase - Other Funds | ||||||
| Fiscal Detail and Notes | ||||||
| Requiring that a municipality that imposes a local option real estate transfer tax transfer all funds received from that tax to the Maine State Housing Authority if that municipality does not have a local housing authority, a nonprofit housing trust or corporation, or a nonprofit organization established for the purpose of building, buying or developing affordable housing may result in increased revenue to MSHA. The amount can not be determined at this time. | ||||||