Resolution, Proposing An Amendment To The Constitution Of Maine To Allow Municipalities To Apportion Real And Personal Property Taxes On The Basis Of Property Classification

This bill proposes a constitutional amendment allowing Maine municipalities to tax different property types (like homes vs. businesses) at varying rates based on classification, rather than taxing all property equally by value. It would take effect after a statewide referendum in November 2025, requiring voter approval to change the state constitution. If approved, municipalities could implement this system starting April 1, 2027, following future state legislation defining the classification process. The change directly affects local governments and property owners, as it alters how property taxes are calculated at the municipal level.