The purpose of this article is to establish a program pursuant
to Chapter 907-A of Title 36 of the Maine Revised Statutes to provide
property tax assistance to qualifying persons who have a residence
in the City of Saco. For those eligible, the State of Maine refunds
to the citizen a portion of funds paid as local property tax or rent.
The City intends, by this chapter, to offer a credit to those individuals
who qualify as beneficiaries of the State of Maine Residents Property
Tax Fairness Credit pursuant to Chapter 822 of Title 36 of the Maine
Revised Statutes, as may be amended from time to time and who meet
the criteria established by this chapter of Title 36 of the Maine
Revised Statutes to provide property tax assistance to qualifying
persons who are residents of the City of Saco. Under this program
the City of Saco may provide tax rebate and rental rebate payments
to those individuals who meet the criteria established by this article.
For the purposes of this article, the following terms shall
have the following meanings and definitions:
HOMESTEAD EXEMPTION
The State of Maine property tax exemption for all individuals
who have owned a permanent residence in Maine for 12 months as of
April 1; established by the State of Maine pursuant to 36 M.R.S.A.
§ 683.
QUALIFYING APPLICANT
A person who is determined, after review of a complete application under §§
175-3 and
175-4 of this chapter, to be eligible to participate in the Senior Taxpayer Assistance Program.
QUALIFYING SPOUSE
The legal spouse of a senior citizen who is qualified for
and participates in the Senior Taxpayer Assistance Program.
RENT CONSTITUTING PROPERTY TAXES
The amount of annual rent paid which constitutes property
tax as calculated by the State of Maine Property Tax Fairness Credit
program.
RESIDENCE
The dwelling must be a permanent residence, occupied by that
person and that person's dependents as a home.