MACo Opposes Extending Homestead Credit to Seniors With Second Properties

MACo Associate Director Andrea Mansfield offered testimony today in opposition to HB 805.  This bill would extend the Homestead Property Tax Credit (Credit) to the second home of a homeowner who is at least 65 years old.  The second home cannot be rented to or occupied by someone other than the homeowner, and the second home cannot be used for establishing residency to receive State, county, or municipal services.

Ms. Mansfield testified that this would depress the property tax base, by providing an inappropriate advantage to homeowners who can afford second homes.  MACo believes this action is unfair to other taxpayers, whose responsibilities to pay for public services would only increase as a result.

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