ME LD1537

Establishes a 13-member Commission to Study Lowering Property Taxes by Revising the State-Municipal Revenue Sharing Program, including legislators, municipal officials, public experts, and state agency representatives

Commission must conduct a holistic review of the state-municipal revenue sharing system, focusing on equitable distribution and diverse municipal needs

Review will analyze existing programs including the Local Government Fund (Revenue Sharing I) and Disproportionate Tax Burden Fund (Revenue Sharing II) to identify disparities

Commission must develop recommendations to streamline revenue sharing for fairness and sustainability while addressing disproportionate tax burdens

Report with findings, recommendations, and suggested legislation due to the Joint Standing Committee on Taxation by December 3, 2025