Maine LD 871: An Act To Provide for Cooperation between Municipalities with Tax Increment Financing Districts

LD 871 (subjects: TAX INCREMENT FINANCING , DISTRICTS )

Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=871&PID=1456&snum=127


Sponsors | Actions | Bill Text | Patterns of Support


Sponsors

Principal Sponsor: Sen. Nathan Libby of Androscoggin: (D – District 21) — e-mail | Twitter | Facebook

0 Cosponsors:

Actions

Chamber

Action
3/12/2015 Senate Committee on TAXATION
suggested and ordered printed
On motion by Senator McCormick of Kennebec REFERRED to the Committee on TAXATION
Ordered sent down forthwith for concurrence.
3/12/2015 House Bill REFERRED to the Committee on TAXATION.
In concurrence. ORDERED SENT FORTHWITH.
4/23/2015 Senate Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

Bill Text

.

An Act To Provide for Cooperation between Municipalities with Tax Increment Financing Districts

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 30-A MRSA 5225, sub- 4 is enacted to read:

4. Sharing authorized project costs. Contiguous municipalities with separate development districts may share the project costs authorized under subsection 1 for the same project if:

A. The same project costs related to that specific project are included in each municipality’s development program; and
B. Each municipality indicates that the project costs specified in paragraph A are potentially shared project costs with the contiguous municipality.

summary

This bill allows contiguous municipalities with separate development districts to share the costs for a project that is authorized for inclusion in a development program.

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 871 was last updated on 2016-05-12.
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