123rd MAINE LEGISLATURE
		LD 1069		LR 1314(01)
	An Act To Provide a Property Tax Exemption for Nonprofit Technology Centers
	Fiscal Note for Original Bill
	Sponsor: Rep. Finch of Fairfield
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
State Mandate - Unfunded
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$0	$12,978	$13,432	$13,902
Appropriations/Allocations
	General Fund		$0	$12,978	$13,432	$13,902
State Mandates
	Required Activity				Unit Affected	Costs
	Potential administrative costs associated with retrocative application				Municipality	Insignificant
Fiscal Detail and Notes
	Maine Revenue Services will require a General Fund appropriation of $12,978 in fiscal year 2008-09 to reimburse municipalities for 50% of the estimated revenue loss resulting from the property tax exemption for nonprofit technology centers.