| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. PL 2005, c. 2, Pt. F, §5 is amended to read: |
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| | | *Sec. F-5. Application. This Part applies retroactively to property | tax valuations determined on or after April 1, 2005 2006. |
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| | | Sec. 2. Retroactivity. This Act applies retroactively to June 29, | | 2005. |
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| | | Legislative Document 1, "An Act To Increase the State Share of | | Education Costs, Reduce Property Taxes and Reduce Government | | Spending at All Levels," which was signed into law as Public Law | | 2005, chapter 2, increased the Maine resident homestead property | | tax exemption amount to $13,000 per permanent homestead, | | beginning with property tax years beginning on or after April 1, | | 2005. |
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| | | This bill delays the exemption amount increase for one year, | | to property tax years beginning on or after April 1, 2006. |
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