Maine LD 550: An Act To Adjust the Calculation of Municipal Education Contributions for Communities Faced with Sudden and Severe Property Tax Valuation Reductions

LD 550 (subjects: SCHOOL FUNDING FORMULA , ADJUSTMENTS )

Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=550&PID=1456&snum=127


Sponsors | Actions | Bill Text & Amendments | Patterns of Support


Sponsors

Principal Sponsor: Rep. Richard Campbell of Orrington: (R – District 130) — e-mail | Facebook

6 Cosponsors:

Actions

Chamber

Action
2/26/2015 House Committee on EDUCATION AND CULTURAL AFFAIRS suggested and ordered printed.
On motion of Representative KORNFIELD of Bangor, the Bill was REFERRED to the Committee on TAXATION.
Sent for concurrence. ORDERED SENT FORTHWITH.
2/26/2015 Senate On motion by Senator McCormick of Kennebec, REFERRED to the Committee on Taxation, in concurrence.
6/8/2015 House CONSENT CALENDAR – FIRST DAY
Under suspension of the rules
CONSENT CALENDAR – SECOND DAY.
The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment “A” (H-323)
Sent for concurrence. ORDERED SENT FORTHWITH.
6/9/2015 Senate Report READ and ACCEPTED, in concurrence.

READ ONCE.

Committee Amendment “A” (H-323) 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-323), in concurrence.

Ordered sent down forthwith.
6/10/2015 House PASSED TO BE ENACTED.
Sent for concurrence. ORDERED SENT FORTHWITH.
6/10/2015 Senate PASSED TO BE ENACTED – Emergency – 2/3 Elected Required, in concurrence.
6/22/2015 House This Bill, having been returned by the Governor, together with objections to the same pursuant to Article IV, Part Third, Section 2 of the Constitution of the State of Maine, after reconsideration, the House proceeded to vote on the question: “Shall this Bill become a law notwithstanding the objections of the Governor?”
ROLL CALL NO. 341V
114 having voted in the affirmative and 26 in the negative, with 11 being absent, and accordingly it was the vote of the House that the Bill become a law notwithstanding the objections of the Governor, since two-thirds of the members of the House so voted.
Sent for concurrence. ORDERED SENT FORTHWITH.
6/23/2015 Senate LD 550 In Senate, June 23, 2015, this Bill, having been returned by the Governor, together with objections to the same pursuant to the provisions of the Constitution of the State of Maine, after reconsideration, the Senate proceeded to vote on the question: “Shall this Bill become a law notwithstanding the objections of the Governor?” 32 In Favor and 2 Against , accordingly it was the vote of the Senate that the Bill become law and the VETO was OVERRIDDEN.

Bill Text & Amendments

Important Note: The bill text below presents L.D. 550 as originally introduced. L.D. 550 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-323) .

An Act To Adjust the Calculation of Municipal Education Contributions for Communities Faced with Sudden and Severe Property Tax Valuation Reductions

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 has a great effect on the calculation of the municipality???s required contribution for funding local schools; and

Whereas, the sudden closure of businesses has a severe effect on municipal property valuations that is not currently accounted for in the calculation of general purpose aid for local schools; and

Whereas, immediate relief is necessary to ensure municipalities with sudden and severe impacts upon property valuations are able to preserve adequate funding for education; 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 enacted by the People of the State of Maine as follows:

Sec. 1. 20-A MRSA 15672, sub- 23, C, as enacted by PL 2013, c. 203, 1, is repealed and the following enacted in its place:

C. For fiscal year 2015-16 and each subsequent fiscal year:

(1) The average of the certified state valuations for the 3 most recent years prior to the most recently certified state valuation; or

(2) If an adjustment has been approved by the State Tax Assessor pursuant to Title 36, section 208-A, that adjusted state valuation.

Sec. 2. Bucksport business equipment tax exemption. Notwithstanding the Maine Revised Statutes, Title 36, section 692, subsection 2, for the purpose of determining any reimbursement by the State to the Town of Bucksport under Title 36, section 694, subsection 2 in 2015, the just value of the paper mill generally located at 2 River Road, Bucksport is equal to the valuation determined for 2014.

Sec. 3. Bucksport property fiscal capacity. Notwithstanding the Maine Revised Statutes, Title 20-A, section 15672, subsection 23, the property fiscal capacity for the Town of Bucksport for fiscal year 2015-16 is $568,950.

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

SUMMARY

This bill provides that, for fiscal year 2015-16 and beyond, in the event a municipality is approved for an adjustment to its state property valuation due to a sudden and severe disruption in its municipal valuation, that adjusted state valuation is the property fiscal capacity for purposes of determining municipal contributions under the school funding formula. This bill also provides that the 2015 valuation of the paper mill located in the Town of Bucksport is equal to its 2014 valuation and sets the property fiscal capacity for the Town of Bucksport at $568,950 for fiscal year 2015-16.

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.


This information about LD 550 was last updated on 2016-05-12.
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