| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. 36 MRSA §383, as amended by PL 1989, c. 857, §75, is | repealed and the following enacted in its place: |
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| §383. Assessors' annual return to State Tax Assessor |
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| | 1.__Annual return.__The municipal assessors and the assessors | of primary assessing areas shall make and return lists, which | must be seasonably furnished by the State Tax Assessor for that | purpose, all such information as to the assessment of property | and collection of taxes as may be needed in the work of the State | Tax Assessor, including annually the land value, exclusive of | buildings and all other improvements, and the valuation of each | class of property assessed in their respective jurisdictions, | with the total valuation and percentage of taxation, together | with a statement to the best of their knowledge and belief of the | ratio, or percentage of current just value, upon which the | assessments are based and itemized lists of property upon which | the towns have voted to affix values for taxation purposes. |
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| | 2.__Assessment ratio.__The State Tax Assessor may establish | procedures and adopt rules, in accordance with the Maine | Administrative Procedure Act, designed to ensure that the ratio | certified by the municipal assessors or the assessors of primary | assessing areas is accurate within 20% of the state valuation | ratio last determined, unless adequate evidence is presented to | the State Tax Assessor by the municipalities to justify a | different assessment ratio. |
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| | 3.__When due.__The return and lists required by subsection 1 | must be returned to the State Tax Assessor no later than November | 1st, annually, or 30 days after commitment of taxes, whichever is | later. |
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| | 4.__Penalty for late filing.__If the complete return and lists | required by this section are not filed on time, the State Tax | Assessor shall impose a penalty to be deducted from any state | funds otherwise payable to the municipality or primary assessing | area.__For municipalities or assessing areas with populations of | fewer than 2,000 persons, the penalty is $50 for the first late | day plus $10 for each late day thereafter.__For those | municipalities or assessing areas with populations greater than | 2,000 persons, the penalty is $100 for the first late day plus | $20 for each late day thereafter. |
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| | Sec. 2. 36 MRSA §578, sub-§1, as amended by PL 1997, c. 24, Pt. C, §4 | and affected by §18, is further amended by amending the 2nd | blocked paragraph to read: |
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