AUGUSTA – State Treasurer Henry Beck has announced his office will be mailing more than 300,000 checks to eligible Property Tax Relief Fund recipients.
“The state has increased aid to towns and cities to try to relieve pressure on property tax payers of all kinds. We’ve raised the Homestead Exemption itself and now this third measure,” said Beck. “It’s just a smaller measure but a part of the overall package to put money back into people’s pockets directly.”
Beck said this comes from a new fund established by legislation.
An Act to Return Funds to Maine Property Taxpayers requires the Maine Office of the State Treasurer to give the tax relief payments once the Property Tax Relief Fund reaches a certain level.
According to Beck, the payments cannot be less than $100.
“It’s been funded over a number of years from excess revenue. As revenues come in and we have enough to pay our bills we’ve set some of this aside and some aside in the rainy day fund,” Beck said.
Are you wondering if you’ll be receiving this check? State treasurer said anyone who gets the Homestead Exemption will qualify.
“Take a look at your last tax bill form your town or city. It should say whether you have the Homestead Exemption. If you’re very curious, politely call your town or city office and just ask them if you’re on the list,” Beck said.
Beck said payments will be processed and mailed beginning Jan. 8.
About 20,000 checks will be sent out alphabetically by town or city each day. Beck said if you don’t receive one by March and believe you are eligible, call his office.
“So Bangor. they’re in the first batch so the checks for Bangor are coming soon,” he said.