A new law passed by the legislature last spring with very little attention will freeze property taxes for older Mainers (L.D. 290: “An Act To Stabilize Property Taxes for Individuals 65 Years of Age or Older Who Own a Homestead for at Least 10 Years.”) We’ll discuss the implementation of this tax freeze, and the impact it will have on Maine residents—as well as municipal budgets.
Panelists:
Kate Dufour, legislative advocate, Maine Municipal Association
Harold “Trey” Stewart III, Maine State Senator (R-Aroostook); serves on the Energy, Utilities, and Technology Committee and the Health Coverage, Insurance and Financial Services Committee
VIP callers:
Rebecca Kirk, executive director, Eastern Area Agency on Aging
Joy Barresi-Saucier, executive director, Aroostook Agency on Aging
Resources:
To apply for the property tax freeze: https://www.maine.gov/.../property.../stabilization-program