Maine LD 281: Resolve, To Modify the State Valuation of the Town of Madison To Reflect the Loss in Valuation of the Madison Paper Company and To Modify the State Valuation of the Town of Skowhegan To Reflect the Loss in Valuation of the S.D. Warren Company

LD 281 (subjects: TAX ASSESSMENT , VALUATION )

Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=281&PID=1456&snum=127


Sponsors | Actions | Bill Text & Amendments | Patterns of Support | In The News


Sponsors

Principal Sponsor: Rep. Jeff McCabe of Skowhegan: (D – District 107) — e-mail | Twitter | Facebook

7 Cosponsors:

Actions

Chamber

Action
2/5/2015 House Committee on Taxation suggested and ordered printed.
The Resolve was REFERRED to the Committee on TAXATION.
Sent for concurrence. ORDERED SENT FORTHWITH.
2/10/2015 Senate On motion by Senator McCormick of Kennebec, REFERRED to the Committee on Taxation, in concurrence.
6/19/2015 House Reports READ.
Representative GIDEON of Freeport moved to ACCEPT the Majority Ought to Pass as Amended Report.
On further motion of the same Representative TABLED pending her motion to ACCEPT the Majority Ought to Pass as Amended Report.
Later today assigned.
6/19/2015 House Unfinished Business
6/22/2015 House Unfinished Business
6/23/2015 House Speaker laid before the House
Subsequently, the Majority Ought to Pass as Amended Report was ACCEPTED.
ROLL CALL NO. 381
(Yeas 87 – Nays 56 – Absent 8 – Excused 0)
The Resolve was READ ONCE.
Committee Amendment “A” (H-478) was READ and ADOPTED.
Under suspension of the rules, the Resolve was given its SECOND READING without REFERENCE to the Committee on Bills in the Second Reading.
The Resolve was PASSED TO BE ENGROSSED as Amended by Committee Amendment “A” (H-478).
Sent for concurrence. ORDERED SENT FORTHWITH.
6/23/2015 Senate Reports READ
On motion by Senator McCORMICK of Kennebec The Majority Ought to Pass As Amended Report ACCEPTED , in concurrence.
READ ONCE
Committee Amendment “A” (H-478) READ and ADOPTED , in concurrence.
Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment “A” (H-478) , in concurrence.
Sent forthwith to the Engrossing Division.
6/23/2015 House On motion of Representative McCABE of Skowhegan, the House RECONSIDERED its action whereby the Resolve was PASSED TO BE ENGROSSED as Amended by Committee Amendment “A” (H-478).
On further motion of the same Representative, the House RECONSIDERED ADOPTION of Committee Amendment “A” (H-478).
On further motion of the same Representative, House Amendment “A” (H-500) to Committee Amendment “A” (H-478) was READ and ADOPTED.
Committee Amendment “A” (H-478) as Amended by House Amendment “A” (H-500) thereto ADOPTED.
ROLL CALL NO. 390
(Yeas 88 – Nays 55 – Absent 8 – Excused 0)
Resolve was PASSED TO BE ENGROSSED as Amended by Committee Amendment “A” (H-478) as Amended by House Amendment “A” (H-500) thereto
In NON-CONCURRENCE and sent for concurrence.
ORDERED SENT FORTHWITH.
6/23/2015 Senate On motion by Senator McCORMICK of Kennebec The Senate RECEDED and CONCURRED With PASSAGE TO BE ENGROSSED AS AMENDED BY Committee Amendment “A” (H-478) AS AMENDED BY House Amendment “A” (H-500) thereto , in concurrence.
6/24/2015 House FINALLY PASSED.
Sent for concurrence. ORDERED SENT FORTHWITH.
6/24/2015 Senate On motion by Senator KATZ of Kennebec PLACED ON THE SPECIAL APPROPRIATIONS TABLE pending FINAL PASSAGE , in concurrence.
6/30/2015 Senate CARRIED OVER to any Special or Regular Session of the 127th Legislature pursuant to Joint Order SP 555.
7/16/2015 House Carried over from the Special Appropriations Table to any special or regular session of the 127th Legislature pursuant to Joint Order SP 555.
4/29/2016 Senate In possession of the Senate when the Senate ADJOURNED SINE DIE and PLACED IN THE LEGISLATIVE FILES (DEAD).

Bill Text & Amendments

Important Note: The bill text below presents L.D. 281 as originally introduced. L.D. 281 was changed by the legislature through amendment. To understand the impact of this legislation in proper context, be sure to read adopted amendment text, available here: C-A (H-478) H-A to C-A (H-500) .

Resolve, To Modify the State Valuation of the Town of Madison To Reflect the Loss in Valuation of the Madison Paper Company and To Modify the State Valuation of the Town of Skowhegan To Reflect the Loss in Valuation of the S.D. Warren Company

Emergency preamble. Whereas, acts and resolves of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and

Whereas, the value of property within a municipality is a major factor in the calculation of municipal revenue sharing and general purpose aid for local schools; and

Whereas, the Town of Madison derives a large portion of its tax valuation from the presence of the Madison Paper Company, and the Town of Skowhegan derives a large portion of its tax valuation from the presence of the S.D. Warren Company; and

Whereas, between the 2013 and 2014 tax years, the value of the Madison Paper Company has been reduced by $149,700,000, representing 65% of its taxable value, and the value of the S.D. Warren Company has been reduced by $100,000,000, representing 18% of its taxable value, as a result of the weakness in the market for printed paper products; and

Whereas, prior to this decrease, the Madison Paper Company represented approximately 40% of the tax base of the Town of Madison, and the S.D. Warren Company represented approximately 9.5% of the tax base of the Town of Skowhegan; and

Whereas, unless immediate action is taken to account for this decrease in valuation, the Town of Madison and the Town of Skowhegan will experience the loss of significant revenues based on the decreased valuation of the Madison Paper Company and the S.D. Warren Company; and

Whereas, in the absence of legislative action, the state valuation of the Town of Madison and the Town of Skowhegan will not be adjusted to reflect this significant reduction in value for 2 years; and

Whereas, in the absence of legislative action, the distribution of general purpose aid for local schools to Regional School Unit No. 59, a school unit composed entirely of the Town of Madison, and to Regional School Unit No. 54, a school unit composed of the towns of Skowhegan, Canaan, Cornville, Mercer, Smithfield and Norridgewock, will be calculated on the basis of an inaccurate equalized valuation for at least 3 years; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore, be it

Sec.
1.
Modify 2015 state valuations. Resolved: That, notwithstanding the Maine Revised Statutes, Title 36, the 2015 state valuations for the Town of Madison and the Town of Skowhegan for the purposes of calculating state-municipal revenue-sharing funds and the distribution of general purpose aid for local schools must be based on a valuation that values the property of the Madison Paper Company in the Town of Madison at $80,000,000 and values the property of the S.D. Warren Company in the Town of Skowhegan at $463,224,200; and be it further

Sec.
2.
Modify school subsidy distribution. Resolved: That, notwithstanding the Maine Revised Statutes, Title 20-A, section 15672, subsection 23, paragraph C, the 2015 state valuation for the Town of Madison for the purpose of calculating the distribution to Regional School Unit No. 59 of general purpose aid for local schools for the 3-year period from fiscal year 2015-16 to fiscal year 2017-18 must be based on a valuation that values the property of the Madison Paper Company in the Town of Madison at $80,000,000, and the 2015 state valuation for the Town of Skowhegan for the purpose of calculating the distribution to Regional School Unit No. 54 of general purpose aid for local schools for the 3-year period from fiscal year 2015-16 to fiscal year 2017-18 must be based on a valuation that values the property of the S.D. Warren Company in the Town of Skowhegan at $463,224,200.

Emergency clause. In view of the emergency cited in the preamble, this legislation takes effect when approved.

SUMMARY

This resolve provides that the 2015 state valuations for the Town of Madison and the Town of Skowhegan for the purposes of calculating state-municipal revenue-sharing funds and the distribution of general purpose aid for local schools must be based on a valuation that values the property of the Madison Paper Company in the Town of Madison at $80,000,000 and the property of the S.D. Warren Company in the Town of Skowhegan at $463,224,200.

It also provides that the 2015 state valuation for the Town of Madison for the purpose of calculating the distribution to Regional School Unit No. 59 of general purpose aid for local schools for the 3-year period from fiscal year 2015-16 to fiscal year 2017-18 must be based on a valuation that values the property of the Madison Paper Company in the Town of Madison at $80,000,000, and the 2015 state valuation for the Town of Skowhegan for the purpose of calculating the distribution to Regional School Unit No. 54 of general purpose aid for local schools for the 3-year period from fiscal year 2015-16 to fiscal year 2017-18 must be based on a valuation that values the property of the S.D. Warren Company in the Town of Skowhegan at $463,224,200.

Patterns of Support

Pattern of Cosponsorship by Region:

Pattern of Cosponsorship by Gender:

Pattern of Cosponsorship by Party:

Pattern of Cosponsorship by Campaign Finance Classification:

Note: Maine Clean Elections Act (MCEA) Qualified candidates only accept a small dollar value of initial contributions early in their campaigns, pledge not to accept further campaign contributions from private sources, and receive public funding for their campaigns. MCEA Non-Qualified candidates choose not to obtain public funding and instead are free to accept campaign contributions from individuals, party committees, political action committees and business sources.


In The News…

Recent news stories featuring LD 281:


This information about LD 281 was last updated on 2016-05-12.
The Open Maine Politics website is in a beta release and results should not be taken as definitive. Please visit the official website of the Maine State Legislature for entirely verifiable information.

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