Bill > LD1768

This bill aims to protect residents of mobile home parks by amending the Real Estate Transfer Tax laws in Maine. The bill introduces several key provisions that support mobile home park residents' ability to maintain housing affordability and potentially own their parks. Specifically, it adds language to existing statutes that allows for maintaining housing affordability in mobile home parks and supports ownership of parks by mobile home owners' associations, resident-owned housing cooperatives, or other nonprofit entities representing mobile home owners' interests. The bill creates a new tax exemption for deeds that transfer ownership of a mobile home park to a majority of the park's current residents or a mobile home owners' association when the transfer is made under specific legal provisions. To implement these changes, the bill also allocates $53,000 in one-time funding for computer programming costs related to updating the tax system. The overall goal appears to be providing mobile home park residents with more opportunities to control and preserve their housing situations by facilitating collective ownership and reducing financial barriers to such transfers.

Budget and Finance

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1768&snum=132