132nd MAINE LEGISLATURE
LD 2124 LR 2746(02)
An Act to Support Emergency Shelter Funding Using Revenue from the Real Estate Transfer Tax
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Housing and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Appropriations/Allocations
Other Special Revenue Funds $0 $0 $0 $0
Revenue
Other Special Revenue Funds $0 $0 $0 $0
Fiscal Detail and Notes
The bill shifts 2 percent of real estate transfer tax revenue from the Housing Production Fund, Other Special Revenue Funds program to the Maine State Housing Authority's, Shelter Operating Subsidy, Other Special Revenue Funds program.

The bill also decreases the Housing Production Fund, Other Special Revenue Funds program allocation by $1,012,671 in fiscal year 2026-27 and provides an Other Special Revenue Funds allocation of $1,012,671 in fiscal year 2026-27 to the Maine State Housing Authority's, Shelter Operating Subsidy program.