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ME LD283
Bill
Status
3/20/2025
Primary Sponsor
Allison Hepler
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AI Summary
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Creates a new Local Government Hospitality Fund to support municipalities with meals and lodging industries, beginning January 1, 2026
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Directs the State Controller to transfer 1% of meals and lodging sales tax receipts to the fund by the 10th day of each month
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Distributes fund balances on the 20th of each month to municipalities in proportion to the amount of meals and lodging tax collected in each municipality
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Allows administrative costs including postage, state cost allocation, and programming costs to be paid from the fund
Legislative Description
An Act to Expand Local Revenues by Including Meals and Lodging Sales Tax Revenue Under the State-Municipal Revenue Sharing Program
Revenue Sharing
Last Action
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
3/20/2025