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United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 36, § 700-A: Additional municipal compensation, 2005

The Treasurer of State must make specified transfers to the Disproportionate Tax Burden Fund.

Source excerpt

government fundingmunicipal compensation
Jurisdiction
United States — Maine
Structure
1 provisions
Official identity
Year 2005
Dates
Enacted 2005 · Source version 1 Oct 2025
More statute details
Dates
Enacted 2005 · Source version 1 Oct 2025
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“The Treasurer of State must make specified transfers to the Disproportionate Tax Burden Fund.”

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    Enacted 2005 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Source record from legislature.maine.gov · Enacted 2005 · Source version 1 Oct 2025

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Provision
§ 700-AAdditional municipal compensationProvision

Source excerpt

The Treasurer of State must make specified transfers to the Disproportionate Tax Burden Fund.

1. Transfers to Disproportionate Tax Burden Fund. Pursuant to section 699, subsection 2 and in order to provide additional compensation to municipalities affected by property tax exemptions provided under this subchapter, the Treasurer of State shall make the following transfers as provided in section 700‑B to the Disproportionate Tax Burden Fund established in Title 30‑A, section 5681, subsection 3: A. In fiscal year 2009-10, $2,000,000; [PL 2005, c. 623, §1 (NEW).] B. In fiscal year 2010-11, $2,500,000; [PL 2005, c. 623, §1 (NEW).] C. In fiscal year 2011-12, $3,000,000; [PL 2005, c. 623, §1 (NEW).] D. In fiscal year 2012-13, $3,500,000; and [PL 2005, c. 623, §1 (NEW).] E. In fiscal year 2013-14 and subsequent fiscal years, $4,000,000. [PL 2005, c. 623, §1 (NEW).] [PL 2005, c. 623, §1 (NEW).]
Section 700-AVerify source

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  • 1 Oct 2025 · currentEnglish

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