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132nd MAINE LEGISLATURE |
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LD 2075 |
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LR 2673(02) |
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Resolve, to
Authorize the State Tax Assessor to Convey the Interest of the State in
Certain Real Estate in the Unorganized Territory |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Current biennium revenue increase - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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This resolve
authorizes the State Tax Assessor to convey the interest of the State in
several parcels of real estate in
the Unorganized Territory (UT) acquired through the foreclosure of tax
liens for nonpayment of property taxes. The
funds received as a result of these sales will accrue as dedicated revenue
to the Unorganized Territory Education and
Services Fund and will be available to reduce future tax assessments in the
UT. The amounts received from these
sales will depend on sale prices and cannot be estimated at this time. |
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