Amend the amendment by striking out the substitute title and inserting the following:
‘An Act To Establish Municipal Cost Components for Unorganized Territory Services To Be Rendered in Fiscal Year 2010-11 and To Make Certain Changes in the Laws Governing Tax Increment Financing Payments in the Unorganized Territories and in the Laws Governing Development Districts’
Amend the amendment in Part B by inserting before section 1 the following:
‘Sec. B-1. 30-A MRSA §5236 is enacted to read:
For purposes of this subchapter and pursuant to section 7051, subsection 12, a plantation that conducts property tax valuation and assesses, collects and disposes of property taxes may act as a municipality and may designate a development district. An action of a plantation under this section at a plantation annual meeting or a properly called town meeting pursuant to section 7006 is deemed to be an action of a municipality or a municipal legislative body pursuant to this subchapter, and an action of a plantation's board of assessors is deemed to be an action of a municipal assessor or a municipal assessing authority pursuant to this subchapter.
Sec. B-2. 30-A MRSA §7051, sub-§10, as amended by PL 2007, c. 35, §2, is further amended to read:
Sec. B-3. 30-A MRSA §7051, sub-§11, as enacted by PL 2007, c. 35, §3, is amended to read:
Sec. B-4. 30-A MRSA §7051, sub-§12 is enacted to read:
Amend the amendment by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.
SUMMARY
This amendment allows a plantation that conducts property tax valuation and assesses, collects and disposes of property taxes to designate a development district.
FISCAL NOTE REQUIRED
(See attached)