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125th MAINE LEGISLATURE |
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LD 1835 |
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LR 2603(01) |
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An Act To Restore
Equity in Revenue Sharing |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Alfond of Cumberland |
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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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No State fiscal impact |
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Fiscal Detail
and Notes |
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The bill would
provide that only municipalities with a property tax burden which is greater
than the statewide average would be entitled to a share of the
Disproportionate Tax Burden Fund. The bill would have no impact on total
State revenues or expenditures, but would result in a different allocation of
revenue sharing from the Disproportionate Tax Burden Fund than under current
law. |
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