| 123rd MAINE LEGISLATURE | ||||||
| LD 2306 | LR 3632(01) | |||||
| An Act To Amend the Definition of "Penobscot Indian Reservation" | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Loring of Penobscot Nation | ||||||
| Committee: Judiciary | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| No net state fiscal impact | ||||||
| Fiscal Detail and Notes | ||||||
| This bill adds a 714-acre parcel of land to the Penobscot Indian Reservation state valuation. Since the Penobscot Indian Nation territory is treated as if they were a municipality of the state for municipal revenue sharing purposes, this increase in valuation will increase revenue sharing received by the Penobscot Indian Reservation. This increase will represent a redistribution of revenue sharing amounts from other municipalities and the unorganized territories. | ||||||