An Act To Create A State Property Tax Directed Toward 2Nd Homes For The Purposes Of Funding Education, Early Childhood Programs And The Land For Maine'S Future Trust Fund

This bill creates a new property tax on second homes in Maine to generate revenue for specific public programs. The tax revenue will directly fund three established accounts: the Land for Maine's Future Trust Fund (for land conservation), early childhood education programs, and a new "Fund for Essential Programs and Services" (referenced in Section 41). The tax applies to real property classified as second homes under existing law, with all funds directed to these designated purposes without expiration. The bill specifies that unspent funds in these accounts must carry forward annually, and requires annual reports on fund usage to legislative committees.