| 125th MAINE LEGISLATURE | ||||||
| LD 405 | LR 1714(01) | |||||
| An Act To Clarify Charitable Status for Property Tax Exemption | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Tilton of Harrington | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: No | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| Minor cost increase - General Fund | ||||||
| Fiscal Detail and Notes | ||||||
| Providing more precise standards for determining which benevolent and charitable institutions qualify for property tax exemptions may entail minor administrative costs to Maine Revenue Services associated with implementation of the new standards that can be absorbed within existing budgeted resources. | ||||||