| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 36 MRSA c. 907-A is enacted to read: |
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| | | MUNICIPAL PROPERTY TAX REBATE PROGRAM |
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| | | §6231.__Municipalities authorized to grant rebate |
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| | | The legislative body of a municipality may provide a | | property tax rebate to residents of that municipality with | | respect to real property owned or rented and occupied by those | | residents as their principal residence. |
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| | | A municipality establishing a program of property tax | | rebates under this chapter shall establish eligibility | | standards for participation in the program, including, but not | | limited to, the following. |
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| | | 1.__Age limit.__The taxpayer seeking a rebate must be at | | least 62 years of age. |
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| | | 2.__Amount limit.__The amount of the rebate may not exceed | | 50% of the taxes paid, and the amount of the rebate together | | with any other tax relief available under the Maine Residents | | Property Tax Program may not exceed 60% of the taxes paid. |
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| | | This bill authorizes municipalities to establish property | | tax rebate programs for elderly taxpayers on their principal | | place of residence. |
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