Month: July 2022
Property Tax Stabilization for Seniors
Print PageProperty Tax Stabilization for Seniors Recently enacted legislation adds a new property tax relief option for Maine residents 65 years or older. PL 2021, c. 751 (to be codified at 36 M.R.S. § 6281), requires municipalities to “stabilize” – meaning freeze – the property tax responsibility of eligible taxpayers at the amount billed the…
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