ME LD1768

Creates a new real estate transfer tax exemption for mobile home park sales when ownership transfers to a majority of park residents, a mobile home owners' association organized in Maine, or through the statutory right of first refusal process under Title 10, section 9094-A

Expands authorized uses of the Maine State Housing Authority fund to include maintaining housing affordability in mobile home parks and supporting ownership by resident associations, cooperatives, or nonprofit entities representing mobile home owners

Appropriates $53,000 in one-time General Fund money for FY 2025-26 to the Bureau of Revenue Services for computer programming costs to implement the new tax exemption

Approved by the Governor on July 1, 2025, becoming Chapter 484 of Public Law