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124th MAINE LEGISLATURE |
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LD 90 |
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LR 351(01) |
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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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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Perry of Penobscot |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Current biennium revenue increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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Revenue
received from the sale of real estate in the unorganized territory will
increase Other Special Revenue Funds in the Unorganized Territory Education
and Services Fund and will be used to reduce future tax assessments in the
unorganized territory. The amount of
additional dedicated revenue will depend on the prices received at the time
of sale. |
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