An Act relative to expanded small property tax abatements in the Town of Auburn

This bill increases property tax abatements for small properties in Auburn, Maine. It raises the exemption threshold from $10,000 to $25,000 for certain residential properties and from $1 million to $5 million for other properties under existing tax law. It also allows the town to grant exemptions for commercial parcels if at least 50% of occupants are eligible businesses. The changes apply specifically to real property within Auburn and take effect immediately upon passage.