130th MAINE LEGISLATURE
FIRST REGULAR SESSION-2021
Legislative Document No. 327
H.P. 231 House of Representatives, February 8, 2021
An Act To Return Surplus Money to Maine Taxpayers
Received by the Clerk of the House on February 4, 2021. Referred to the Committee on
Appropriations and Financial Affairs pursuant to Joint Rule 308.2 and ordered printed pursuant
to Joint Rule 401.
ROBERT B. HUNT
Clerk
Presented by Representative HANLEY of Pittston.
Cosponsored by Senator STEWART of Aroostook.
Printed on recycled paper
 1 Be it enacted by the People of the State of Maine as follows:
2 CONCEPT DRAFT
3 SUMMARY
4 This bill is a concept draft pursuant to Joint Rule 208.
5 This bill proposes to distribute the funds in the State Treasury by:
6 1. Placing in the General Fund only the amount necessary to cover the outstanding
7 obligations of the State required by law, such as for bond debt and payment of contracts
8 and salaries;
9 2. After the transfer of funds required to meet the legal obligations of the State,
10 distributing 75% of the remaining funds to Maine taxpayers on a pro rata basis, based on
11 tax data for the 2020 tax year; and
12 3. After the transfer and the distributions, transferring the remaining 25% to the Maine
13 Budget Stabilization Fund, also known as the Maine Rainy Day Fund.
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