LD 1634
pg. 3
An Act To Impose a Real Estate Transfer Tax Based on the Value of the Property ...
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LR 2232
Item 1
the value of the property being sold is reached for property valued
at $1,000,000 or more.
The revenue from the tax is credited to the so-called circuit
breaker reserve to fund the Maine Residents Property Tax Program
except for 10%, which is retained by the county collecting the
tax.
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