Maine § 29-A §533-A Municipal Excise Tax Reimbursement Fund

Maine Statutes

§ 29-A §533-A — Municipal Excise Tax Reimbursement Fund

Maine·Title 29-A MOTOR VEHICLES AND TRAFFIC·Ch. 5 VEHICLE REGISTRATION

1.Fund established. The Municipal Excise Tax Reimbursement Fund, referred to in this section as the "fund," is established as a dedicated, nonlapsing fund.

2.Deposits. The Secretary of State shall deposit into the fund all revenue derived pursuant to section 531, subsection 6.

3.Use of the fund. The fund must be used as follows.

4.Municipal participation optional. Municipal participation in the reimbursement program under this section is optional. A participating municipality must collect and provide to the Secretary of State any information the Secretary of State requires to calculate reimbursement.

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1.
Fund established.
The Municipal Excise Tax Reimbursement Fund, referred to in this section as the "fund," is established as a dedicated, nonlapsing fund.
2.
Deposits.
The Secretary of State shall deposit into the fund all revenue derived pursuant to section 531, subsection 6.
3.
Use of the fund.
The fund must be used as follows.
4.
Municipal participation optional.
Municipal participation in the reimbursement program under this section is optional. A participating municipality must collect and provide to the Secretary of State any information the Secretary of State requires to calculate reimbursement.

Maine § 29-A §533-A (Municipal Excise Tax Reimbursement Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.