An Act To Make Owners of Cooperative Housing Eligible for the Homestead Exemption Amend the amendment by inserting after the title the following: Amend the bill by inserting after the title and before the enacting clause the following: Mandate preamble. This measure requires one or more local uni ts of government to expand or modify activities so as to necessitate additional expenditures from local revenues but does not provide funding for at least 90% of those expenditures. Pursuant to the Constitution of Maine, Article IX, Section 21, 2/3 of all of the members elected to each House have determined it necessary to enact this measure. the first paragraph after the line in amendment) by and inserting in its place Further amend the ame'ndment in title in the first line (page 1, striking out the following: Amend the following: Further amend Further amend the amendment on page 2 in the first indented paragraph in the last line (page 2, line 18 in amendment) by striking out the following: "2006" and inserting in its place the following: 2007 Further amend the amendment on page 2 by striking out all of the 2nd indented paragraph (page 2, lines 20 and 21 in amendment) Page l-LR2205(4) SENATE AMENDMENT
Maine Legislature, Session 122, LD 1552
Committee Amendment CA_A-SA_A_S668 (Senate)

SENATE 
AMENDMENT "A" to COMMITTEE 
AMENDMENT 
"A" to H. P . 
1093, 
L.D. 
1552, Bill, 
"An Act To Make Owners of Cooperative 
Housing Eligible for the Homestead Exemption" 
Amend 
the 
amendment 
by 
inserting 
after 
the 
title 
the 
following: 
'Amend the bill by inserting after the title and before the 
enacting clause the following: 
'Mandate preamble. 
This measure requires one or more local 
uni ts of government to expand or modify activities so as to 
necessitate additional expenditures from local revenues but does 
not provide funding for at least 
90% 
of those expenditures. 
Pursuant to the Constitution of Maine, Article IX, Section 21, 
2/3 of all of the members elected to each House have determined 
it necessary to enact this measure.' 
the first paragraph after the 
line 
in amendment) 
by 
and inserting in its place 
Further amend the ame'ndment in 
title in the first line 
(page 1, 
striking out the following: 
"Amend" 
the following: 
'Further amend' 
Further amend the amendment on page 2 in the first indented 
paragraph in the last line (page 2, line 18 in amendment) by 
striking out the following: "2006" and inserting in its place the 
following: 
'2007' 
Further amend the amendment on page 2 by striking out all of 
the 2nd indented paragraph (page 2, lines 20 and 21 in amendment) 
Page l-LR2205(4) 
SENATE AMENDMENT 
SENATE AMENDMENT "A" to COMMITTEE AMENDMENT "A" to H.P. 1093, 
L.D. 1552 
Further amend the amendment by striking out all of section 6. 
This 
amendment 
appropriations 
and 
application date. 
SUMMARY 
adds 
a 
mandate 
preamble, 
allocations 
section 
and 
SPONSORED BY: ~ 
~. 
(Senator ROTUNDO 
~ 
COUNTY: 
Androscoggin 
FISC-\.L.\0 It. i,C.,..: 
(See attached) 
removes 
changes 
SENATE AMENDMENT 
the 
the 
Revised: 05/15/06 ~ac:;. 
LD 1552 
LR2205(04) 
An Act To Make Owners of Cooperative Housing Eligible for the Homestead Exemption 
Fiscal Note for Senate Amendment "it' to Committee Amendment "A" 
Sponsor: Sen. Rotundo 
Net Cost (Savings) 
General Fund 
Appropriations! Allocations 
General Fund 
State Mandate 
Fiscal Note Required: Yes 
Fiscal Note 
Exempted State Mandate 
2005-06 
2006-07 
$0 
($290,000) 
$0 
($290,000) 
Projections 
2007-08 
($40,000) 
($40,000) 
Projections 
2008-09 
($40,000) 
($40,000) 
New or Expanded Activity 
Unit Affected 
Costs 
Administrative activity associated with the calculation of the exemption amount for 
Municipality 
Insignificant 
cooperative housing corporation property is a state mandate. Pursuant to the 
Mandate Preamble, the two-thirds vote of all members elected to each House 
exempts the State from the constitutional requirement to fund 90% of the additional 
local costs. 
Fiscal Detail and Notes 
This amendment reduces the General Fund cost of Committee "A" by $290,000 in fiscal year 2006-07. The revised 
estimate of the additional cost to reimburse municipalities for 50% of the revenue loss associated with the increase in 
exempt property is now projected to be $250,000 annually, beginning in fiscal year 2007-08 based on an April 1, 2007 
application date. 
LR2205(4) - Fiscal Note - Page 1 of 1