| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 1746 | |||||||
| An Act To Provide Equity in Veterans' Property Tax Exemptions | |||||||
| LR 2282(01) | |||||||
| Fiscal Note for Original Bill | |||||||
| Sponsor: Rep. Thompson of China | |||||||
| Committee: Taxation | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Projections | Projections | ||||||
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | ||||
| Net Cost (Savings) | |||||||
| General Fund | $0 | $0 | $4,500 | $4,600 | |||
| Appropriations/Allocations | |||||||
| General Fund | $0 | $0 | $4,500 | $4,600 | |||
| Fiscal Detail and Notes | |||||||
| Maine Revenue Services will require $4,500 in fiscal year 2005-06 and $4,600 in fiscal year 2006-07 to reimburse municipalities for 50% of the property tax revenue loss associated with the expansion of the Veteran's Property Tax Exemption. | |||||||