Maine LD1931: An Act to Annually Reimburse the Town of Charleston for 43 Percent of Property Tax Revenue Lost Due to the Mountain View Correctional Facility's Tax-exempt Status

What the bill says

An Act to Annually Reimburse the Town of Charleston for Percent of Property Tax Revenue Lost Due to the Mountain View Correctional Facility's Tax-exempt Status Reference to the Committee on Taxation suggested and ordered printed. ROBERT B. HUNT Clerk Presented by Representative FOSTER of Dexter. Cosponsored by Senator GUERIN of Penobscot and Representative: PERKINS of Dover-Foxcroft. Printed on recycled paper.

From the introduced text:

An Act to Annually Reimburse the Town of Charleston for Percent of Property Tax Revenue Lost Due to the Mountain View Correctional Facility's Tax-exempt Status Reference to the Committee on Taxation suggested and ordered printed. ROBERT B. HUNT Clerk Presented by Representative FOSTER of Dexter. Cosponsored by Senator GUERIN of Penobscot and Representative: PERKINS of Dover-Foxcroft. Printed on recycled paper Be it enacted by the People of the State of Maine as follows: Sec. 1. 36 MRSA §662 is enacted to read: §662. Reimbursement to Town of Charleston The Treasurer of State shall annually reimburse the Town of Charleston an amount equal to 43% of the property tax revenue loss suffered by the town during the previous calendar year as a result of the exemption from property tax afforded to the Mountain View Correctional Facility pursuant to section 651. SUMMARY This bill requires the Treasurer of State to annually reimburse the Town of Charleston 1100 for 43% of the property tax revenue loss suffered by the town in the previous calendar year 1111 as a result of the tax exemption that applies to the Mountain View Correctional Facility. Page 1 - 132LR1729(01)

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Sponsors

• Steven Foster (R, 32) · primary sponsor
• Stacey Guerin (R, 4)
• Chad Perkins (R, 31)