125th MAINE LEGISLATURE
		LD 931		LR 1832(01)
	An Act To Ensure Proper Tax Assessment of Property Owners
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Willette of Presque Isle
	Committee: Taxation
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
State Mandate - Unfunded
State Mandates
	Required Activity				Unit Affected	Local Cost
	Requires municipal property tax assessors on receipt of valid written notice of real property transfers to note the new owner on all applicable municipal tax records and to issue any property tax assessment due on such property after the date of transfer to the new owner.				Municipality	Insignificant statewide
	The required local activities in this bill may represent a State mandate pursuant to the Constitution of Maine.  Unless General Fund appropriations are provided to fund at least 90% of the additional costs or a Mandate Preamble is amended to the bill and two-thirds of the members of each House vote to exempt this mandate from the funding requirement, municipalities may not be required to implement these changes.
Fiscal Detail and Notes
	Any administrative costs associated with this bill can be absorbed by Maine Revenue Services within existing budgeted resources.