Maine Statutes
§ 36 §576-B — Discount factor and capitalization rate
Maine § 36 §576-B
This text of Maine § 36 §576-B (Discount factor and capitalization rate) 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 §576-B (2026).
Text
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%.
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Legislative History
PL 1977, c. 549, §5 (NEW). PL 1977, c. 590 (AMD). PL 1977, c. 694, §§680-685 (AMD). PL 1981, c. 517, §§8,9 (AMD). PL 1981, c. 636 (AMD). PL 1981, c. 706, §§5,6 (AMD). PL 1983, c. 571, §1 (AMD). PL 1985, c. 779, §80 (AMD). PL 1997, c. 504, §7 (RPR).
Nearby Sections
3
§ 36 §576
Powers and duties§ 36 §576-A
Valuation of areas other than forest land§ 36 §576-B
Discount factor and capitalization rateCite This Page — Counsel Stack
Bluebook (online)
Maine § 36 §576-B, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/36%20%C2%A7576-B.