An Act To Increase the State Share of Education Costs, Reduce Property Taxes and Reduce Government Spending at All Levels
Maine Legislature, Session 122, LD 0001
Committee Amendment CA_A-HA_M_H17 (House)

HOUSE AMENDMENT "M" to COMMITTEE AMENDMENT "A" to H.P. 6, 
L.D. 1, Bill, "An Act To Increase the State Share of Education 
Costs, Reduce Property Taxes and Reduce Government Spending at 
All Levels" 
Amend the amendment in Part E by striking out all of section 
(page 76, lines 2 to 9 in amendment) 
Further 
amend the 
amendment in Part F in section 1 
in 
subsection 1 in the 2nd line (page 77, line 2 in amendment) by 
striking out the following: 
"$13,000" and inserting in its place 
the following: 
'$17.000' and in the 6th line from the end (page 
77, 
line 
in 
amendment) 
by 
striking out 
the 
following: 
"$13,000" and inserting in its place the following: 
'$17,000' 
Further amend the amendment by inserting after Part I the 
following: 
'PARTJ 
Sec. 
J-l. 
Appropriations 
and 
allocations. 
appropriations and allocations are made. 
The 
following 
ADMDfISTRATIVE AND FINANCIAL SERVICES, DEPAlnMENT OF 
Homestead Property Tax Ezemption Reimbursement 
0886 
Initiative: 
Adjusts 
funding 
to reflect 
a 
$17,000 
homestead 
exemption and 50% reimbursement to municipalities. 
GENERAL FORD 
All Other 
GENERAL FUND TOTAL 
HOUSE 
2005-06 
$11,324,626 
$11,324,626 
Page l-LR0328(18) 
2006-07 
$11,494,799 
$11,494,799 ' 
AMENDMENT 
HOUSE AMENDMENT ,M" to COMMITTEE AMENDMENT "A" to H.P. 6, L.D. 1 
Further amend the amendment 
any 
nonconsecutive 
Part 
letter 
consecutively. 
by relettering or renumbering 
or 
section 
number 
to 
read 
SUMMARY 
This amendment leaves the maximum so-called circuit breaker 
benefit at $1,000 as provided in current law, 
and shifts the 
increase proposed in Committee 
Amendment 
A to the homestead 
property tax exemption. 
It also adds 
an appropriations 
and 
allocations section. 
SPONSORED BY: 
(Representative LI 
TOWN: 
Frankfort 
HOUSE AMENDMENT 
Approved: 01119/05 ~ac:. 
LDI 
LR 0328(18) 
An Act to Increase the State Share of Education Costs, Reduce Property Taxes and Reduce 
Government Spending at All Levels 
Fiscal Note for House Amendment" " to Committee Amendment" " 
Sponsor: Rep. Lindell 
Fiscal Note Required: Yes 
Fiscal Note 
Projections 
2005-06 
2006-07 
2007-08 
Net Cost (Savings) 
General Fund 
$378,695 
($782,476) 
($2,024,471) 
~ppropriationsl Allocations 
General Fund 
$11,324,626 
$11,494,799 
$11,357,042 
Revenue 
General Fund 
$10,945,931 
$12,277,275 
$13,381,513 
Other Special Revenue Funds 
$600,410 
$673,438 
$734,007 
Fiscal Detail and Notes 
Projections 
2008-09 
($3,410,880) 
$11,218,914 
$14,629,794 
$802,479 
This amendment increases the General Fund cost of the amendment by $378,695 in fiscal year 2005-06 and decreases 
the cost of the amendment by $782,476 in fiscal year 2006-07. 
Projections 
Projections 
General Fund Detail Cost/(Savings) 
2005-06 
2006-07 
2007-08 
2008-09 
Homestead 
$11,324,626 
$11,494,799 
$11,357,042 
$11,218,914 
Circuit Breaker 
($10,657,125) 
($11,426,929) 
($12,515,351) 
($13,746,236) 
Individual Income Tax 
($288,806) 
($850,346) 
($866,162) 
($883,558) 
$378,695 
($782,476) 
($2,024,471) 
($3,410,880) 
LR0328(18) - Fiscal Note - Page 1 of 1