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131st MAINE LEGISLATURE |
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LD 1954 |
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LR 2553(01) |
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An Act to Address
the Recent Mill Closure in the Town of Jay by Providing Funds to Offset
Property Tax Loss |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Lyman of Livermore Falls |
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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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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
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General Fund |
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$600,000 |
$0 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$600,000 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill
includes a one-time General Fund appropriation to the Office of the State
Controller of $600,000 in fiscal year 2023-24 to provide payment to the Town
of Jay to help offset a property tax revenue loss from a recent mill closure. |
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