State of Maine Creates Property Tax Deferral Program for Qualifying Residents


The Maine State Legislature recently announced a new opportunity for residents of Maine to temporarily defer the collection of property taxes on family properties. Eligible residents can apply for this program through their local assessment service. The application will then be forwarded to the state to determine eligibility. If approved, the applicant’s property tax will be paid by the state until the applicant leaves the program or is found ineligible. At that point, deferred taxes and interest will be due at that time.

To benefit from this deferral, applicants must meet the following conditions:

• The taxpayer must benefit from an exemption from family ownership

• A taxpayer must be 65 years of age or older or be unable to hold employment due to a disability on April 1 of the year in which the claim is made.

• The taxpayer has income of less than $ 40,000 for the calendar year immediately preceding the calendar year in which the claim is made.

• The taxpayer, if it is an individual, has cash flow of less than $ 50,000 or, in the case of 2 or more individuals making a joint claim, all individuals together have cash flow of less than $ 75. 000 $

• The property must not have an existing municipal lien against it.

The state will defer the qualifying taxpayer’s property taxes and place a lien on homestead until the ineligibility or withdrawal from the program and full payment of deferred taxes and interest are met.

The application period for the upcoming tax year that begins July 1, 2022 is between January 1 and April. The application is available at https://www.maine.gov/portal/index.html.


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