Council authorizes resolution seeking state enabling legislation for tax classification to support long‑term rentals
The Town Council voted to authorize a resolution requesting state enabling legislation that would allow the town to replace the homestead exemption with a two‑class tax system to extend owner‑occupied tax rates to qualifying long‑term rental units; the resolution gives the town authority but does not change tax rates immediately.
The full story
The Town Council voted on March 3 to authorize a resolution requesting state enabling legislation that would permit the town to adopt a local tax classification plan distinguishing owner‑occupied and non‑owner‑occupied property for tax purposes.
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