Maine Center for Economic Policy: MECEP Urges Legislature to Expand and Simplify Maine’s Property Tax “Circuit Breaker”

The Maine Center for Economic Policy (MECEP)today urged the members of the Legislature’s Joint Standing Committee on Taxation to support L.D. 474, “An Act to Reduce the Property Tax Burden and Improve the Circuit Breaker Program.” The Maine Residents Property Tax and Rent Refund Program, popularly known as the “Circuit Breaker,” provides eligible Maine residents with a partial refund of property taxes and/or rent paid on their primary residence.

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