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LD1798 • 2025

An Act to Increase Revenue Sharing and to Control Property Taxes

An Act to Increase Revenue Sharing and to Control Property Taxes

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Senator Joseph Baldacci
Last action
2025-05-21
Official status
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act to Increase Revenue Sharing and to Control Property Taxes

An Act to Increase Revenue Sharing and to Control Property Taxes Sponsor: Senator Joseph Baldacci Reference committee: Taxation Latest committee action: Reported Out; ONTP

What This Bill Does

  • An Act to Increase Revenue Sharing and to Control Property Taxes Sponsor: Senator Joseph Baldacci Reference committee: Taxation Latest committee action: Reported Out; ONTP

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-21 Senate

    Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

  2. 2025-05-20 Committee

    Reported Out; ONTP

  3. 2025-05-15 Committee

    Work Session Held

  4. 2025-05-15 Committee

    Voted; ONTP

  5. 2025-04-24 House

    The Bill was REFERRED to the Committee on TAXATION . In concurrence. ORDERED SENT FORTHWITH.

  6. 2025-04-24 Committee

    Referred to Committee on Taxation.

Official Summary Text

An Act to Increase Revenue Sharing and to Control Property Taxes
Sponsor:
Senator Joseph Baldacci
Reference committee:
Taxation
Latest committee action:
Reported Out; ONTP

Current Bill Text

Read the full stored bill text 
Printed on recycled paper
132nd MAINE LEGISLATURE
FIRST SPECIAL SESSION-2025
Legislative Document No. 1798
S.P. 699 In Senate, April 24, 2025
An Act to Increase Revenue Sharing and to Control Property Taxes
Reference to the Committee on Taxation suggested and ordered printed.
DAREK M. GRANT
Secretary of the Senate
Presented by Senator BALDACCI of Penobscot.
Cosponsored by Representative ROEDER of Bangor and
Senators: BENNETT of Oxford, CYRWAY of Kennebec, MOORE of Washington,
Representatives: GRAMLICH of Old Orchard Beach, O'HALLORAN of Brewer.

Page 1 - 132LR1458(01)
1Be it enacted by the People of the State of Maine as follows:
2Sec. 1. 30-A MRSA §5681, sub-§4-A, as enacted by PL 1999, c. 731, Pt. U, §4, is
3 amended to read:
44-A. Distribution of Local Government Fund; additional distribution for
5property tax limits for senior residents. The Treasurer of State shall transfer the balance
6 in the Local Government Fund on the 20th day of each month. Money in the Local
7 Government Fund must be distributed to each municipality in proportion to the product of
8 the population of the municipality multiplied by the property tax burden of the
9 municipality.
10 A. Money in the Local Government Fund must be distributed to each municipality in
11 proportion to the product of the population of the municipality multiplied by the
12 property tax burden of the municipality.
13 B. Notwithstanding any provision of law to the contrary, in addition to the amount
14 distributed to a municipality pursuant to paragraph A, a municipality is entitled to an
15 additional distribution of 20% of the amount that municipality is eligible for pursuant
16 to paragraph A if that municipality has adopted and implemented a program to impose
17 limits of increases of no more than 2% annually on the imposition of property taxes on
18 residents who are at least 65 years of age and who qualify for the Maine resident
19 homestead property tax exemption pursuant to Title 36, chapter 105, subchapter 4-B.
20SUMMARY
21 This bill provides additional state-municipal revenue sharing to a municipality that has
22 adopted and implemented a program to impose limits of increases of no more than 2%
23 annually on the imposition of property taxes on residents who are at least 65 years of age
24 and who qualify for the Maine resident homestead property tax exemption. The amount of
25 the additional distribution is 20% of the amount that the municipality would receive before
26 the additional distribution.
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