LISBON — Republican candidate for governor Bobby Charles says he has a plan to lower local property taxes.

Outside a home in Lisbon on Tuesday, Charles said he will raise the Homestead Exemption from $25,000 to $100,000 over four years. The exemption helps lower property taxes for those who live in Maine year-round and have lived in the same home for at least a year.

Charles also wants to the state to fully fund the program.

To pay for it, he’ll eliminate 1,000 vacant state jobs and cut $50 million in state spending. 

“I am not here with promises that I cannot keep,” he said. “I am here with a plan that is paid for, specific and ready on Day One.”

Charles is running against Democrat Hannah Pingree, who has proposed a constitutional amendment to tax second homes owned by out of staters at a higher rate.

Independent Rick Bennett says he would increase the Homestead Exemption for senior citizens and require the state to pick up more of the cost of the program.

All three are running in the Nov. 3 election to succeed Democratic Gov. Janet Mills. 

In recent years, local property taxes have increased in Maine as cities and towns struggle to keep up with inflation and home values rise.

Charles, an attorney and former federal official, said he will also work with the federal government to increase funding for things like substance use disorder treatment.

Charles said when combined with his plan to lower energy costs, Mainers should start to see some relief from high prices.

“Keeping Mainers in their homes will be my first priority as your next governor,” he said.