LD 484 LR 1853(04)
An Act Relating to the Distribution of State Revenue from the Real Estate Transfer Tax
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Breen of Cumberland
Fiscal Note Required: Yes
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $0 ($27,874,800) ($28,830,800) ($29,745,800)
Other Special Revenue Funds $0 ($27,874,800) ($28,830,800) ($29,745,800)
General Fund $0 $27,874,800 $28,830,800 $29,745,800
Other Special Revenue Funds $0 ($27,874,800) ($28,830,800) ($29,745,800)
Fiscal Detail and Notes
This amendment removes the portions of the bill that make changes to the distribution of revenue from the real estate transfer tax and restores the General Fund revenue reductions. It also removes the Other Special Revenue Funds revenue increases to the Maine State Housing Authority (MSHA) and removes the Other Special Revenue Funds allocation to MSHA.