An Act To Promote Equitable Property Taxation By Reducing Valuation Based On Nearby Clean Energy Projects

LD 1852 requires Maine property tax assessors to lower the taxable value of properties that directly border solar energy developments (ground-mounted solar arrays) or grid-scale wind energy developments (wind turbines and associated facilities). This applies to tax years beginning April 1, 2026, and directly affects property owners whose land physically abuts these clean energy projects. The bill mandates that assessors reduce valuation based on proximity to such developments when determining a property's "highest and best use" for tax purposes. It does not change property tax rates but adjusts the assessed value of adjacent properties to address potential undervaluation concerns.