Establishes a commission to study and recommend revisions to Maine's state-municipal revenue sharing program to lower property taxes.
This resolve establishes the Commission to Study Lowering Property Taxes by Revising the State-Municipal Revenue Sharing Program. The commission will review the state-municipal revenue sharing system, focusing on equitable distribution and the diverse needs of municipalities. It will analyze existing programs, including the Local Government Fund and the Disproportionate Tax Burden Fund. The commission will submit a report with findings and recommendations, including suggested legislation, by December 3, 2025, to the Joint Standing Committee on Taxation.
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