Establishes a task force to conduct a comprehensive study and provide recommendations on the role of property taxes in funding the education system.

Requires the Department of Revenue to review and make public all exempt property every 8 years.

Applies property tax to charitable property leased to a nonexempt entity; requires annual reports of the leased property and a copy of the lease agreement. "Dead" because died in committee.

Authorizes the Mayor and City Council of Baltimore to impose a special-rate real property tax on property that would otherwise be exempt from property tax, if it is either a vacant lot or an improved property that has been cited as vacant and unfit for habitation or other authorized use on a housing or building code violation notice.

Authorizes localities to exempt large family child care homes from property tax exemption; increases the from $3,000 to $10,000 the amount in annual property tax credits localities can give to a child care facility; companion to HB 389.

Authorizes localities to exempt large family child care homes from property tax exemption; increases the from $3,000 to $10,000 the amount in annual property tax credits localities can give to a child care facility; companion to SB 516.

Creates a Real Estate Property Tax Relief Task Force to determine the source of problems with the current system of property taxation, who is most negatively affected, and how they are negatively affected, compare the state to the rest of the nation, explore constitutional amendments, develop methods to ensure municipalities use property tax relief for intended purposes, assess changes to valuation processes and support, develop targeted support for long-term property owners, explore the use of the state’s cash pool for property tax relief, and examine potential impacts of federal funding changes on the state’s property tax system; requires a report.

Allows municipalities to limit property tax exemptions given to nonprofits if the municipality determines, by vote, that the exemption would be detrimental to its residents.

Creates a ballot question to amend the Maine constitution to allow municipalities to apportion property taxes based on property classifications defined by the state Legislature; requires voter approval.

Establishes a property tax task force to study the property tax system and provide recommendations and suggestions to improve the law that would provide for a more efficient or cost effective system.