Maine Revenue Services (MRS) issued a bulletin providing information about the resident homestead property tax exemption program. The bulletin outlines eligibility requirements, the application process, calculations for determining the exemption amount based on the municipality’s certified ratio, and circumstances that may disqualify an applicant from the exemption. [Me. Revenue Servs., Property Tax Bulletin No. 35, 02/11/26]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
