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Bill > LD614


ME LD614

ME LD614
An Act to Modify Current Property Tax Assessment Methods to Make Property Taxes Affordable for Longtime Property Owners


summary

Introduced
02/20/2025
In Committee
02/20/2025
Crossed Over
Passed
Dead
05/06/2025

Introduced Session

132nd Legislature

Bill Summary

This bill is a concept draft pursuant to Joint Rule 208. This bill proposes to modify the methods of assessing property taxes on residential properties to help residents retain their homes.

AI Summary

This bill appears to be a concept draft for modifying property tax assessment methods to help longtime property owners retain their homes, but the provided XML does not contain specific details about how those modifications would be implemented. The bill is currently in a very preliminary stage, with only an enacting clause and a notation that it is a concept draft. Without more substantive language in the XML document, I cannot provide a detailed summary of the proposed changes to property tax assessment. More information would be needed to explain the specific provisions the bill intends to introduce.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD) (on 05/06/2025)

bill text


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