132nd MAINE LEGISLATURE
LD 888 LR 523(02)
An Act to Expand Property Tax Relief for Veterans and Survivors of Veterans
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
General Fund $0 $0 $3,962,000 $4,041,000
Appropriations/Allocations
General Fund $0 $0 $3,962,000 $4,041,000
Fiscal Detail and Notes
The Bureau of Revenue Services within the Department of Administrative and Financial Services will require General Fund appropriations of $3,962,000 in fiscal year 2027-2028 and $4,041,000 in fiscal year 2028-29 to fund the expansion of property tax exemptions for veterans and survivors of veterans for property tax years beginning on or after April 1, 2026.