This resolution proposes to amend the Constitution of Maine to require the Legislature to reimburse municipalities for not less than 90% of the lost property tax revenue associated with residential real estate exemptions extended to veterans of the Armed Forces of the United States and persons who are legally blind and for qualifying homesteads of permanent residents of this State. The resolution also establishes the minimum homestead exemption at $50,000, which must be adjusted annually by the percentage change in the consumer price index, or similar inflationary index. The resolution also provides that, at a minimum, no less than 5% of state sales and income tax revenues must be shared with municipalities and protects future increases in the percentage of state sales and income tax revenues distributed to municipalities.