| 122nd MAINE LEGISLATURE | |||||||||
| LD 2015 | LR 3129(10) | ||||||||
| Resolve, Authorizing Certain Land Transactions by the Department of Conservation, Bureau of Parks and Lands | |||||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment " " | |||||||||
| Sponsor: Sen Martin | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Exempted State Mandate | |||||||||
| State Mandate | |||||||||
| New or Expanded Activity | Unit Affected | Costs | |||||||
| Requiring certain local units of government to collect property taxes on certain former publicly owned lands and remitting those amounts to the State Treasurer is a state mandate. Pursuant to the Mandate Preamble, a 2/3s vote of the elected members of each legislative body exempts the state from the requirement that it pay 90% of the cost of this mandate | Municipality | Significant | |||||||
| Fiscal Detail and Notes | |||||||||
| Revenue received for the Lands Reserved Trust from stumpage fees on public lands will be lost if those lands become private. This amendment replaces that loss to the Trust with revenue from property taxes collected from the new property owners and the amendment requires certain local units of government to collect and remit those taxes. If the land sales do not occur those property taxes would not exist because the land would not be privately owned. | |||||||||