Resolve, To Establish a Study Commission To Review Tax Increment Financing in the Unorganized Territory
Maine Legislature, Session 124, LD 1154
Committee Amendment CA_A_S146 (Senate)

COMMITTEE AMENDMENT" A" to S.P. 426, L.D. 1154, "Resolve, To Establish 
a Study Commission To Review Tax Increment Financing in the Unorganized Territory" 
Amend the resolve by striking out the title and substituting the following: 
'Resolve, To Require a Study of Economic Development Incentives in the 
Unorganized Territory' 
Amend the resolve by striking out everything after the title and before the summary 
and inserting the following: 
'Sec. 1. Study. Resolved: That the Department of Economic and Community 
Development and the State Tax Assessor shall convene a study group to conduct a study 
of the role of economic development incentives, including tax increment financing, in the 
unorganized territory. The depaliment and the assessor shall invite participation in the 
study by the fiscal administrator of the unorganized territory, property owners in the 
unorganized territories and representatives of counties with unorganized territories, 
regional economic development organizations whose territory covers unorganized 
territories, businesses with development interests in the unorganized territories and 
organizations interested in natural resources development. The study group shall: 
I. 
Consider the process of promoting and approving economic development 
incentives in the unorganized territory and recommend the appropriate role of state, 
county and regional organizations in the decision-making process; 
2. Review the legal issues surrounding tax increment financing in the unorganized 
territory and the legally acceptable methods of identifying special benefits from property 
tax incentives in that jurisdiction; 
3. Consider the role of tax increment financing in shifting the property tax burden 
throughout the unorganized territory and evaluate the potential for alternative tax 
mechanisms, such as a wind power excise tax, to provide support for economic 
development infrastructure; and 
COMMITTEE AMENDMENT 
~~~. 
COMMITTEE AMENDMENT "A: " 
to S.P. 426, L.D. 1154 
4. 
Report the findings and recommendations of the study to the Joint Standing 
Committee on Taxation by January 15, 2010. The joint standing committee may submit 
legislation to the Second Regular Session of the 124th Legislature regarding the study.' 
SUMMARY 
This amendment removes the emergency preamble and clause and changes the study 
from a legislative study to an agency study, expands the scope of the study to economic 
development incentives other than tax increment financing and requires a report to the 
Joint Standing Committee on Taxation by January 15,2010. 
fISCAL ~OTE HE(lLIl~D 
~§.ee attached) 
COMMITTEE AMENDMENT 
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Approved: 05/06/09 Mac:.. 
LD 1154 
LR 1612(02) 
Resolve, To Establish a Study Commission To Review Tax Increment Financing in the Unorganized 
Territory 
Fiscal Note for Bill as Amended by Committee Amendment "A" 
Committee: Taxation 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - General Fund 
Fiscal Detail and Notes 
The Department of Economic and Community Development and Maine Revenue Services can absorb the additional 
costs associated with convening a study group to conduct a study of the role of economic development incentives, 
( 
including tax increment financing, in the unorganized territories . 
... 
LR1612(02) - Fiscal Note - Page 1 of 1