Maine law provides an exemption from a portion of the assessed value of their legal residence for servicemen and women and their survivors. There are a number of tests that must be met before the exemption is granted.
AGE:unless qualifying because of a 100% service-connected disability, the veteran must have reached 62 years of age on or before April 1 of the year first qualifying.
RESIDENCE: the veteran must be a legal resident of the municipality. (Only one exemption per serviceman.)
SERVICE IN FEDERAL WAR PERIOD: Applicant must have served during a federally recognized war period, and been honorably discharged. These periods are:
World War II - 12/7/41 - 12/31/46
Korean Conflict - 6/27/50 - 1/31/55
Vietnam Conflict - 8/5/64 - 5/7/75
Desert Storm - 7/7/90 - 4/11/91
APPLICATION: Written application for the exemption must be made to the Assessing Department on or before April 1 of the year first seeking exemption. Forms are available at the Assessor's Office. Applications must be accompanied by copies of either a Form DD-214, or by a birth certificate and honorable discharge certificate.
Widows of servicemen who would qualify were they still living are eligible for the exemption.
The amount of the exemption is currently $6,000 of assessed value.
HOMESTEAD EXEMPTIONIn 1998, the Maine Legislature authorized a program to relieve the property tax burden of homeowners. This program is still in effect and will reduce the amount of your property taxes. Homeowners who applied in 1998 remain in the program; there is no need to re-enroll. The basic requirements are:
- the property must be your legal residence.
- you must have owned the property for 12 months.
- if you only owned it part of that time, you still may qualify if you owned a homestead elsewhere in Maine for the remainder of that period.
- you must apply to the Assessor's Office on or before April 1 of the year for which the exemption is sought.
- the exemption is a $10,000 reduction in the assessed value of a qualifying homestead.
- application forms are available from the Assessing Department.