LD 828
pg. 1
LD 828 Title Page An Act To Have Counties Retain All the Proceeds from the Real Estate Transfer T... LD 828 Title Page
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LR 732
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 36 MRSA §4641-B, sub-§3, as enacted by PL 2001, c. 559, Pt. I,
§4 and affected by §15, is repealed and the following enacted in
its place:

 
3.__Disposition of funds.__Each register of deeds shall pay to
the county treasurer 100% of the tax collected pursuant to this
section.

 
Sec. 2. 36 MRSA §4641-B, sub-§4, as amended by PL 2003, c. 20, Pt. V,
§1, is repealed.

 
SUMMARY

 
This bill increases from 10% to 100% the amount of the real
estate transfer tax that is retained by the county in which the
transferred property is located.


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