United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 36, § 576-B: Discount factor and capitalization rate, 1977

This section sets a 10% reduction factor for certain growth rates and an 8.5% capitalization rate for annual net wood production.

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“This section sets a 10% reduction factor for certain growth rates and an 8.5% capitalization rate for annual net wood production.”

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    Enacted 1977 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Source record from legislature.maine.gov · Enacted 1977 · Source version 1 Oct 2025

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Provision
§ 576-BDiscount factor and capitalization rateProvision

This section sets a 10% reduction factor for certain growth rates and an 8.5% capitalization rate for annual net wood production.

The percentage factor by which the growth rates set by the State Tax Assessor pursuant to section 576 must be reduced to reflect the growth that can be extracted on a sustained basis is 10%. The capitalization rate applied to the value of the annual net wood production pursuant to section 576 is 8.5%. [PL 1997, c. 504, §7 (RPR).]
Section 576-BVerify source

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  • 1 Oct 2025 · currentEnglish

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