125th MAINE LEGISLATURE
LD 474 LR 1474(02)
An Act To Reduce the Property Tax Burden and Improve the Circuitbreaker Program
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
Potential Budget Conflict
Fiscal Detail and Notes
Although provisions in this bill have no impact on existing benefits under the Circuitbreaker Program, prohibiting the reduction of certain benefits for elderly household claimants meeting the criteria set forth in this bill would conflict with certain changes being considered in the Governor's proposed Biennial Budget Bill, LD 1043.  This would reduce the amount of savings proposed in LD 1043 by $3,781,298 in fiscal year 2011-12 and by $3,876,981 in fiscal year 2012-13.