Maine Statutes

§ 36 §2623 — Excise tax; payment to cities and towns one percent on stock held therein

Maine § 36 §2623
JurisdictionMaine
Title 36TAXATION
Part 4BUSINESS TAXES
Ch. 361RAILROAD COMPANIES

This text of Maine § 36 §2623 (Excise tax; payment to cities and towns one percent on stock held therein) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Me. Rev. Stat. tit. 36, § 36 §2623 (2026).

Text

Every corporation, person or association operating any railroad in the State under lease or otherwise shall pay to the State Tax Assessor, for the use of the State, an annual excise tax for the privilege of exercising its franchises and the franchises of its leased roads in the State, which, with the tax provided for in section 561, is in place of all taxes upon the property of such railroad.

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Legislative History

P&SL 1969, c. 154, §E (AMD). PL 1973, c. 268, §2 (AMD).

Nearby Sections

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Bluebook (online)
Maine § 36 §2623, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/36%20%C2%A72623.