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ME LD614

Bill

Official Source

Status

Failed

5/6/2025

Primary Sponsor

Steven Foster

Click for details

Origin

House of Representatives

132nd Legislature

AI Summary

  • Concept draft bill that proposes modifying residential property tax assessment methods to help longtime property owners retain their homes
  • Specific policy mechanisms and implementation details are not yet defined, pending committee development under Joint Rule 208
  • Referred to the Committee on Taxation for further drafting and consideration
  • Sponsored by Representative Foster of Dexter with bipartisan cosponsorship from 10 additional legislators

Legislative Description

An Act to Modify Current Property Tax Assessment Methods to Make Property Taxes Affordable for Longtime Property Owners

Property Tax

Last Action

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

5/6/2025

Committee Referrals

Taxation2/20/2025

Full Bill Text

No bill text available