LD1481

An Act to Amend the Law Governing Stabilization of Property Taxes on Homesteads of Individuals 65 Years of Age or Older

Failed·5/21/25
Tpdf Text

Amends property tax stabilization for seniors to extend program, change eligibility, and simplify renewal.

This bill amends the property tax stabilization program for senior citizens in Maine. It extends the program to property tax years beginning on or after April 1, 2025. The bill changes eligibility requirements to require individuals to have been permanent Maine residents for at least a certain number of years and have a household income of no more than $75,000 of federal adjusted gross income.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

Calendar

May 15, 2025

9:00 AM

Hearing

May 1, 2025

3:00 PM

Hearing

History

May 21, 2025

Senate

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

May 20, 2025

Joint

Reported Out: ONTP

May 15, 2025

Joint

Work Session Held