An Act To Reduce Property Taxes for Maine Residents
Maine Legislature, Session 130, LD 1071
Committee Amendment CA_A_S235 (Senate)
Amends: 36 MRSA §683

COMMITTEE AMENDMENT" ff" to S.P. 339, L.D. 1071, "An Act To Reduce 
Property Taxes for Maine Residents" 
Amend the bill in section 1 in subsection 1-B in the 6th line (page 1, line 9 in L.D.) by 
striking out the following: "$40.000
and inserting the following: 'April 1, 2021 and 
$20,000' 
Amend the bill in section 1 in subsection 1-B in the last line (page 1, line 10 in L.D.) 
by striking out the following: "2021" and inserting the following: '2022' 
1.6 
Amend the bill by striking out all of section 2 and inserting the following: 
'Sec. 2. 36 MRSA §683, sub-§3, as amended by PL 2019, c. 343, Pt. H, §3, is 
further amended to read: 
3. Effect on state valuation. For property tax years beginning before April 1, 2018, 
50% of the just value of all the homestead exemptions under this subchapter must be 
included in the annual determination of state valuation under sections 208 and 305. For 
property tax years beginning on April 1, 2018 and April 1, 2019, 62.5% of the just value 
of all the homestead exemptions under this subchapter must be included in the annual 
dete1mination of state valuation under sections 208 and 305. For property tax years 
beginning on or after April 1, 2020 and April 1, 2021, 70% of the just value of all the 
homestead exemptions under this subchapter must be included in the annual determination 
of state valuation under sections 208 and 305. For property tax years beginning on or after 
April 1, 2022, a percentage of the just value of all the homestead exemptions under this 
subchapter must be included in the annual determination of state valuation under sections 
and 305. The percentage for each property tax year is the same as the percentage of 
state reimbursement for that property tax year under section 685, subsection 2.' 
Amend the bill by striking out all of section 3 and inserting the following: 
'Sec. 3. 36 MRSA §683, sub-§4, as amended by PL 2019, c. 343, Pt. H, §3, is 
further amended to read: 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT"{1- "to S.P. 339, L.D. 1071 {S,-Z,3S"} 
4. Property tax rate. For property tax years beginning before April 1, 2018, 50% of 
the just value of all the homestead exemptions under this subchapter must be included in 
the total municipal valuation used to determine the municipal tax rate. For property tax 
years beginning on April 1, 2018 and April 1, 2019, 62.5% of the just value of all the 
homestead exemptions under this subchapter must be included in the total municipal 
valuation used to determine the municipal tax rate. For prope1ty tax years beginning on 0f 
aftef April 1, 2020 and April 1, 2021, 70% of the just value of all the homestead exemptions 
under this subchapter must be included in the total municipal valuation used to determine 
the municipal tax rate. For property tax years beginning on or after April 1, 2022, a 
percentage of the just value of all the homestead exemptions under this subchapter must be 
included in the total municipal valuation used to determine the municipal tax rate. The 
percentage for each property tax year is the same as the percentage of state reimbursement 
for that property tax year under section 685, subsection 2. The municipal tax rate as finally 
determined may be applied to only the taxable portion of each homestead qualified for that 
tax year.' 
Amend the bill in section 4 in subsection 2 in paragraph C in the first line (page 2, line 
in L.D.) by inserting after the following: "2020" the following: 'and April 1, 2021' 
Amend the bill in section 4 in subsection 2 in paragraph C in the 2nd line (page 2, line 
in L.D.) by striking out the following: "and" 
Amend the bill in section 4 in subsection 2 by striking out all of paragraph D (page 2, 
lines 7 and 8 in L.D.) and inse1ting the following: 
'D. For property tax years beginning on April L 2022, 73% of the taxes lost by reason 
of the exemptions under section 683, subsections 1 and 1-B; and 
E. For property tax years beginning on or after April 1, 2023, the percentage of the 
taxes lost by reason of the exemptions under section 683, subsections 1 and 1-B that is 
percentage points over the percentage for the previous year until the percentage of 
reimbursement reaches 100%.' 
Amend the bill by inserting after section 4 the following: 
'Sec. 5. 
Appropriations and allocations. The following appropriations and 
allocations are made. 
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF 
Homestead Property Tax Exemption Reimbursement 0886 
Initiative: Provides funding to increase the homestead property tax exemption to $30,000 
and increase the state reimbursement to municipalities by 3% per year until it reaches 
100%. 
GENERAL FUND 
All Other 
GENERAL FUND TOTAL 
2021-22 
$0 
$0 
2022-23 
$18,276,000 
$18,276,000 
Amend the bill by relettering or renumbering any nonconsecutive Part letter or section 
number to read consecutively. 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT" f}" to S.P. 339, L.D. 1071 ( S- l?:/~j 
SUMMARY 
This amendment is the majority report of the committee. The amendment changes the 
total homestead property tax exemption to $30,000 for property tax years beginning on or 
after April 1, 2022 and increases the percentage of state reimbursement of taxes lost by 
reason of the homestead exemption to municipalities by 3% per year up to 100%. It also 
adds an appropriations and allocations section. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 05/21/21 frac 
LD 1071 
LR 332(02) 
An Act To Reduce Property Taxes for Maine Residents 
Fiscal Note for Bill as Amended by Committee Amendment ",4!L5-1..,3SJ 
Committee: Taxation 
Net Cost (Savings) 
General Fund 
Appropriations/ Allocations 
General Fund 
Fiscal Detail and Notes 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2021-22 
FY 2022-23 
Projections 
FY 2023-24 
Projections 
FY 2024-25 
$0 
$18,276,000 
$28,580,000 
$34,356,000 
$0 
$18,276,000 
$28,580,000 
$34,356,0uv 
The bill includes a General Fund appropriation to the Department of Administrative and Financial Services of 
$18,276,000 in fiscal year 2022-23 to increase the homestead prope1ty tax exemption to $30,000 and increase the 
state reimbursement to municipalities by 3% per year until it reaches 100%.