Maine LD1931 would require annual reimbursement to the Town of Charleston for 43% of lost property tax revenue due to the Mountain View Correctional.
Maine LD1931 amends the Maine Revised Statutes to mandate that the Treasurer of State annually reimburse the Town of Charleston for 43% of the property tax revenue lost in the previous calendar year. This loss is due to the tax exemption granted to the Mountain View Correctional Facility. The reimbursement is intended to offset the financial impact on the town caused by the facility's tax-exempt status.
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