Removes the 12-month waiting period for the Maine Resident Homestead Property Tax Exemption.

This bill removes the 12-month waiting period for the Maine Resident Homestead Property Tax Exemption. It allows eligible applicants to receive the exemption immediately. The exemption applies to the just value of $10,000 of the homestead of a permanent resident who has owned a homestead in Maine for the preceding months. If the title to the homestead is held jointly, the exemption may be apportioned among the owners who reside on the property.

Removes the 12-month waiting period for the Maine Resident Homestead Property Tax Exemption.

This bill removes the 12-month waiting period for the Maine Resident Homestead Property Tax Exemption. It allows eligible applicants to receive the exemption immediately. The exemption applies to the just value of $10,000 of the homestead of a permanent resident who has owned a homestead in Maine for the preceding months. If the title to the homestead is held jointly, the exemption may be apportioned among the owners who reside on the property.