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131st MAINE LEGISLATURE |
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LD 2102 |
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LR 2929(02) |
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An Act to Support
Municipalities by Repealing the Law Limiting the Municipal Property Tax Levy |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: State and Local Government |
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Fiscal Note Required: Yes |
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Fiscal Note |
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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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