Senior Property Tax Stabilization, What Happened? What is Next?
Last year, LD 290, An Act To Stabilize Property Taxes for Individuals 65 Years of Age or Older Who Own a Homestead for at Least 10 Years, was enacted with little discussion and a host of very expensive unintended consequences.
This year, the law was amended to address those consequences and bring property tax relief where it was most needed. However, it will now be up to municipal officials to address the fall out of public misunderstandings as one law sunsets and two more programs expand.
In this episode, we talk with leading municipal policy architect and boss extraordinaire, Kate Dufour, Director of Advocacy and Communications at MMA who explains: "How we got here, from there" on property tax relief programs.
The Advocacy team briefly chats about the woes of this past session and hope for the future and Lambo talks about where in Maine she is off to next.
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