An Act To Reduce Property Taxes for Maine Residents
Maine Legislature, Session 130, LD 1071
Committee Amendment CA_B_S236 (Senate)

COMMITTEE AMENDMENT "f;J'' to S.P. 339, L.D. 1071, "An Act To Reduce 
Property Taxes for Maine Residents" 
Amend the bill in section 1 in subsection 1-B in the 6th line (page 1, line 9 in L.D.) by 
striking out the following: "$40,000" and insetting the following: 'April 1, 2021 and 
$20,000' 
Amend the bill in section 1 in subsection 1-B in the last line (page 1, line 10 in L.D.) 
by striking out the following: "2021" and insetting the following: '2022' 
' 
Amend the bill in section 2 in subsection 3 in the 7th line (page 1, line 19 in L.D.) by 
inserting after the following: "2020" the following: 'and April 1, 2021' 
Amend the bill in section 2 in subsection3 in the 9th line (page 1, line 21 in L.D.) by 
striking out the following: "2021, 100%" and inserting the following: '2022, 58%' 
Amend the bill in section 3 in subsection 4 in the 7th line (page 1, line 32 in L.D.) by 
inserting after the following: "2020" the following: 'and April 1, 2021' 
Amend the bill in section 3 in subsection 4 in the 9th line (page 1, line 34 in L.D.) by 
striking out the following: "2021, 100%" and inserting the following: '2022, 58%' 
Amend the bill in section 4 in subsection 2 in paragraph C in the first line (page 2, line 
in L.D.) by inserting after the following: "2020" the following: 'and April 1, 2021' 
Ainend the bill in section 4 in subsection 2 in paragraph D in the first line (page 2, line 
in L.D.) by striking out the following: "2021, 100%" and inserting the following: '2022, 
58%' 
Amend the bill by inserting after section 4 the following: 
'Sec. 5. 
Appropriations and allocations. The following appropriations and 
allocations are made. 
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF 
Homestead Property Tax Exemption Reimbursement 0886 
COMMITTEE AMENDMENT 
~oCo 
COMMITTEE AMENDMENT '']3 "to S.P. 339, L.D. I 071 U5 -23le ~ 
Initiative: Reduces funding for the net effect of increasing fhe homestead property tax 
exemption to $30,000 and reducing the state reimbursement to municipalities from 70% to 
58%. 
GENERAL FUND 
All Other 
GENERAL FUND TOTAL 
2021-22 
$0 
$0 
2022-23 
($559,000) 
($559,000) 
Amend the bill by relettering or renumbering any nonconsecutive Part letter or section 
number to read consecutively. 
SUMMARY 
This amendment is the minority report of the committee and changes the total 
homestead property tax exemption to $30,000 for property tax years beginning on or after 
April 1, 2022 and decreases the percentage of state reimbursement of taxes lost by reason 
of the homestead property tax exemption to municipalities to 58%. The amendment also 
adds an appropriations and allocations section. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 05/20/21 frac--
LD 1071 
LR332(03) 
An Act To Reduce Property Taxes for Maine Residents 
Fiscal Note for Bill as Amended by Committee Amendment '[6(...s-~J 
Committee: Taxation 
Net Cost (Savings) 
General Fund 
1propriations/ Allocations 
General Fund 
Fiscal Detail and Notes 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2021-22 
FY 2022-23 
$0 
($559,000) 
$0 
($559,000) 
Projections 
FY 2023-24 
($755,000) 
($755,000) 
Projections 
FY 2024-25 
($767,000) 
($767,000) 
This bill includes a General Fund deappropriation to the Department of Administrative and Financial Services of 
$559,000 in fiscal year 2022-23 for the net effect of increasing the homestead property tax exemption to $30,000 and 
reducing the state reimbursement to municipalities from 70% to 58%.