LD 940
pg. 2
Page 1 of 2 RESOLUTION, Proposing an Amendment to the Constitution of Maine To Cap the Prop... LD 940 Title Page
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LR 1561
Item 1

 
SUMMARY

 
This resolution proposes to amend the Constitution of Maine
to require the Legislature to enact a law that prohibits
municipalities from increasing property taxes on real property
that is held by members of the same family for at least 4
generations of that family. Property that was later
subdivided or developed would become ineligible for the tax
cap.


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