124th MAINE LEGISLATURE
LD 90 LR 351(02)
Resolve, Authorizing the State Tax Assessor To Convey the Interest of the State in Certain Real Estate in the Unorganized Territory
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
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.