An Act To Implement Certain Preliminary Recommendations Of The Real Estate Property Tax Relief Task Force And To Make Other Changes To Tax Law

Maine LD 2244 increases the property tax fairness credit for residents under age 65 from $1,000 to $1,500 for tax years beginning on or after January 1, 2026. The bill also extends the operational timeline of the Real Estate Property Tax Relief Task Force by permitting it to hold up to eight meetings in 2026. Additionally, it directs the Bureau of Revenue Services to conduct a survey with assessors regarding the administration of the Maine Tree Growth Tax Law and submit findings to the Legislature by January 15, 2027.