Budget compromise directs tax relief to pandemic workers
AUGUSTA- To achieve a bipartisan budget, appropriations committee Democrats have agreed to the Republican position of returning $150 million of taxpayer money back to Mainers who worked during the pandemic. Although it is less than the $300 million initially proposed by Republicans, this breakthrough generated unanimous support from Republican Appropriations Committee members. If approved by two-thirds of the full legislature, the budget would take effect immediately upon passage, not ninety days later. Since April, Republicans have insisted that the same $10,200 state income exemption given to unemployed Mainers be extended to those who worked during the pandemic.
“Mainers that worked during the pandemic should receive some type of acknowledgement and reward for their efforts,” said House Republicans Leader Kathleen Dillingham. “The goal of passing a bipartisan budget creates the opportunity to return $150 million back to an estimated 500,000 tax filers if this budget passes. Passage of this budget will deliver positive results for Mainers. It includes real property tax relief by increasing the Homestead Exemption reimbursement to municipalities over time to 100%, increased Revenue Sharing, and funding state and local school aid at 55%. The proposed budget also contains funding for nursing home and direct care workers, a top priority of ours.”
# # #