| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 30-A MRSA §5681, sub-§5, as amended by PL 2001, c. 714, Pt. | | Y, §1, is further amended to read: |
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| | | 5. Transfers to funds. On the last day of each month, the | | Treasurer of State shall transfer to the Local Government Fund | | a percentage, as provided in this subsection, of the receipts | | from the taxes imposed under Title 36, Parts 3 and 8 and | credited to the General Fund without any reduction. Nonsalary | | costs of administering state-municipal revenue sharing must be | | paid by the Local Government Fund. Any amounts transferred to | | the Local Government Fund in excess of the annual growth | | ceiling must be transferred to the Disproportionate Tax Burden | | Fund. The percentage transferred to the Local Government Fund | | on the last day of each month is: |
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| | | A. For months beginning before July 1, 2003, 5.1%; and |
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| | | B. For months beginning on or after July 1, 2003, 5.2%. |
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| | | This bill clarifies that administrative costs of state- | | municipal revenue sharing are paid by the Local Government | | Fund. |
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