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130th MAINE LEGISLATURE |
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LD 290 |
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LR 346(04) |
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An Act To
Stabilize Property Taxes for Individuals 65 Years of Age or Older Who Own a
Homestead for at Least 10 Years |
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Fiscal Note for
Senate Amendment "A" to Committee Amendment "A" |
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Sponsor: Sen. Breen of Cumberland |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Net Cost
(Savings) |
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General Fund |
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($70,824) |
($1,955,000) |
($4,790,000) |
($6,920,000) |
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Appropriations/Allocations |
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General Fund |
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($70,824) |
($1,955,000) |
($4,790,000) |
($6,920,000) |
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Fiscal Detail
and Notes |
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This amendment
removes the General Fund appropriation of $70,824 from fiscal year 2021-22.
It also moves $1,955,000 of the General Fund appropriation in fiscal year
2022-23 to fiscal year 2023-24. As amended, the bill still includes a General
Fund appropriation of $315,242 in fiscal year 2022-23 to the Bureau of
Revenue Services within the Department of Administrative and Financial
Services. |
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