LD 1573 LR 1127(10)
An Act To Encourage Development in the Logging Industry by Requiring State and Local Government Agencies To Give Preference to Timber Harvested in the State
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Jackson of Aroostook
Fiscal Note Required: Yes
Fiscal Note
Potential reduced penalty revenue to municipalities
Fiscal Detail and Notes
Allowing land to be withdrawn from taxation under the Maine Tree Growth Tax Law without penalty under certain circumstances would reduce revenue to municipalities. No estimate is made of the frequency such circumstances would arise.