127th MAINE LEGISLATURE
LD 279 LR 936(03)
An Act Regarding Payment under the Business Equipment Tax Reimbursement Program
Fiscal Note for Bill as Engrossed with:
C "A" (H-322)
Committee: Taxation
             
Fiscal Note
Minor revenue increase - General Fund
Fiscal Detail and Notes
This bill requires the State Tax Assessor to suspend reimbursement under the Business Equipment Tax Reimbursement program if the taxpayer's delinquent balance is $10,000 or more and certification is received from the municipality.  This provision could result in a minor increase in General Fund revenue not requiring any change to the budget.