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131st MAINE LEGISLATURE |
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LD 2102 |
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LR 2929(01) |
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An Act to Support
Municipalities by Repealing the Law Limiting the Municipal Property Tax Levy |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Pierce of Cumberland |
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Committee: State and Local Government |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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No state fiscal impact
Minor impact - Municipalities |
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| Fiscal Detail
and Notes |
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Repealing the
municipal property tax levy limit and associated requirements for
municipalities is expected to reduce administrative costs to municipalities.
In municipalities that were constrained by the tax levy limit, property tax
revenue may increase. |
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