An Act To Expand Property Tax Relief for Maine Residents
Sec. 1. 5 MRSA §1536, sub-§1, as amended by PL 2015, c. 267, Pt. L, §8, is further amended to read:
Sec. 2. 36 MRSA §5219-KK, sub-§4 is enacted to read:
This bill requires that 1% of surplus General Fund revenue be transferred annually to a nonlapsing fund to be used to increase the maximum property tax fairness credit.