Property Ownership
Maine's 'Circuit Breaker Program' (now Property Tax Fairness Credit) provides relief to:
AOwners of commercial properties
BLow- and moderate-income homeowners and renters whose property taxes or rent exceed a certain percentage of income✓ Correct
COnly retired government employees
DProperty owners who are behind on their taxes
Explanation
Maine's Property Tax Fairness Credit (formerly the Circuit Breaker Program) provides state income tax credits to low- and moderate-income homeowners and renters whose housing costs (property taxes or rent constituting property taxes) are a high percentage of their income.
Related Maine Property Ownership Questions
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