131st MAINE LEGISLATURE
LD 2102 LR 2929(02)
An Act to Support Municipalities by Repealing the Law Limiting the Municipal Property Tax Levy
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: State and Local Government
Fiscal Note Required: Yes
             
Fiscal Note
No state fiscal impact
Minor impact - Municipalities
Fiscal Detail and Notes
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.