Maine LD614: An Act to Modify Current Property Tax Assessment Methods to Make Property Taxes Affordable for Longtime Property Owners

What the bill says

An Act to Modify Current Property Tax Assessment Methods to Make Property Taxes Affordable for Longtime Property Owners Received by the Clerk of the House on February 20, 2025. Referred to the Committee on Taxation pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. ROBERT B. HUNT Clerk Presented by Representative FOSTER of Dexter…

From the engrossed text:

An Act to Modify Current Property Tax Assessment Methods to Make Property Taxes Affordable for Longtime Property Owners Received by the Clerk of the House on February 20, 2025. Referred to the Committee on Taxation pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. ROBERT B. HUNT Clerk Presented by Representative FOSTER of Dexter. Cosponsored by Senator STEWART of Aroostook and Representatives: DRINKWATER of Milford, GUERRETTE of Caribou, MCINTYRE of Lowell, RUDNICKI of Fairfield, SWALLOW of Houlton, Senators: BALDACCI of Penobscot, CYRWAY of Kennebec, HAGGAN of Penobscot. Printed on recycled paper Be it enacted by the People of the State of Maine as follows: CONCEPT DRAFT SUMMARY This bill is a concept draft pursuant to Joint Rule 208. This bill proposes to modify the methods of assessing property taxes on residential properties to help residents retain their homes. Page 1 - 132LR1951(01)

Read the full official text

Sponsors

• Steven Foster (R, 32) · primary sponsor
• Joseph Baldacci (D, 9)
• Scott Cyrway (R, 16)
• Gary Drinkwater (R, 27)
• Timothy Guerrette (R, 4)
• David Haggan (R, 10)
• McIntyre, Mathew (R, 18)
• Shelley Rudnicki (R, 67)
• Stewart, Trey L. (R, 2)
• Gregory Swallow (R, 7)

Latest actions

1. May 6, 2025: Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
2. March 21, 2025: Carried over, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.
3. February 20, 2025: Received by the Clerk of the House on February 20, 2025.The Bill was REFERRED to the Committee on TAXATION pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.

Common questions

What is LD614?

LD614 is a bill in the Maine Legislature (132nd Legislature): An Act to Modify Current Property Tax Assessment Methods to Make Property Taxes Affordable for Longtime Property Owners.

What does LD614 do?

In its own words: An Act to Modify Current Property Tax Assessment Methods to Make Property Taxes Affordable for Longtime Property Owners Received by the Clerk of the House on February 20, 2025. Referred to the Committee on Taxation pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. ROBERT B. HUNT Clerk Presented by Representative FOSTER of Dexter…

What is the status of LD614?

Failed as of May 6, 2025. Latest action: Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD) (May 6, 2025).

Who sponsored LD614?

Steven Foster (R, 32), with 9 co-sponsors.

Where is the official record for LD614?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=614&snum=132