Maine Statutes

§ 36 §2851 — Preamble

Maine·Title 36 TAXATION·Part 4 BUSINESS TAXES·Ch. 371 MINING EXCISE TAX
It is the Legislature's belief that mining for metallic minerals is an acceptable and necessary activity in the State. Mining results in economic benefits to the locality where it occurs, as well as to the entire State and the Nation. Those who conduct mining do so by their own initiative and by investing their capital. When mining is conducted, investments of the State are also made to provide public facilities and services. Aesthetic costs and the permanent loss of valuable assets also result from mining. It is the Legislature's intent that the mining excise tax be fairly related to the services provided by the State and its subdivisions, as well as account for the costs of mining and the permanent loss of valuable assets.

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Legislative History

PL 1981, c. 711, §10 (NEW).

Nearby Sections

15
§ 36 §2801-A
Hospital assessment
§ 36 §2821
Tax assessment
§ 36 §2822
Tax computation
§ 36 §2823
Administration
§ 36 §2824
Construction
§ 36 §2825
Report
§ 36 §2851
Preamble
§ 36 §2852
Findings
§ 36 §2853
Purpose
§ 36 §2854
Excise tax
§ 36 §2855
Definitions
§ 36 §2857
Returns
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