126th MAINE LEGISLATURE
		LD 998		LR 1324(02)
	An Act To Provide Consistency in the Application of the Property Tax Exemption for Religious Organizations
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Net Cost (Savings)
	General Fund		$60,000	$60,000	$60,000	$60,000
Appropriations/Allocations
	General Fund		$60,000	$60,000	$60,000	$60,000
Fiscal Detail and Notes
	The bill includes annual General Fund appropriations to Maine Revenue Services of $60,000 beginning in FY 2013-14 to reimburse municipalities for 50% of the revenue lost from expanding the property tax exemption for property owned by religious organizations to include all real and personal property owned and occupied or used solely for its own purposes by a religious organization.  It removes the $6,000 limitation on the exemption for personal property while maintaining the $20,000 limitation on the exemption for parsonages.  This appropriation is necessary to adhere to reimbursement requirements under Article IV, Part Third, Section 23 of the Maine Constitution.