LD 965
pg. 2
Page 1 of 2 RESOLUTION, Proposing an Amendment to the Constitution of Maine To Provide a $5... LD 965 Title Page
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LR 430
Item 1

 
determined by multiplying the amount of the exemption by the ratio
of current just value of the property.

 
This resolution amends the Constitution of Maine to provide,
beginning with the property tax year 2006, a property tax
exemption for the first $5,000 of taxable value of real estate
owned by a veteran of the Armed Forces of the United States,
regardless of the ratio of current just value upon which the
local assessed value is based.


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