Maine Revised Statutes Title 36 — Taxation
36 M.R.S. § 2862-A
Distribution of revenues
Official textlegislature.maine.gov
Revenue from the excise tax imposed pursuant to this chapter must be distributed as follows:
# 1.
Mining Excise Tax Trust Fund.
Seventy-five percent of the revenue must be deposited in the Mining Excise Tax Trust Fund established in Title 5, section 452 . The revenue deposited in the Mining Excise Tax Trust Fund is subject to the provisions of the Constitution of Maine, Article IX, Section 20; and
# 2.
General Fund.
Twenty-five percent of the revenue must be deposited in the General Fund.
Source: view the official text
In this chapter (18 sections)
- 2851 · Preamble
- 2852 · Findings
- 2853 · Purpose
- 2854 · Excise tax
- 2855 · Definitions
- 2856 · Amount of annual excise tax
- 2857 · Returns
- 2857-A · Accounting periods and methods of accounting
- 2858 · Credits, refunds and amendments
- 2859 · Estimated tax requirements
- 2860 · Enforcement
- 2861 · Municipal reimbursement
- 2862 · Distribution of remaining revenues
- 2862-A · Distribution of revenues
- 2863 · Grants for impact assistance
- 2864 · Just value
- 2865 · Mine site and valuation determinations
- 2866 · Mining Oversight Fund