Maine § 36 §6255 Listing of tax-deferred property; interest accrual

Maine Statutes

§ 36 §6255 — Listing of tax-deferred property; interest accrual

Maine·Title 36 TAXATION·Part 9 TAXPAYER BENEFIT PROGRAMS·Ch. 908 DEFERRED COLLECTION OF HOMESTEAD PROPERTY TAXES

1.Tax-deferred property list. If eligibility for deferral of homestead property is established as provided in this chapter, the bureau shall notify the municipal assessor and the municipal assessor shall show on the current ad valorem assessment and tax roll which property is tax-deferred property by an entry clearly designating that property as tax-deferred property.

2.Tax statement. When requested by the bureau, the municipal tax collector shall send to the bureau as soon as the taxes are extended upon the roll the tax statement for each tax-deferred property.

3.Interest. Interest accrues on the actual amount of payments advanced to the municipality for the tax-deferred property pursuant to section 186 reduced by one percentage point.

Free access — add to your briefcase to read the full text and ask questions with AI

1.
Tax-deferred property list.
If eligibility for deferral of homestead property is established as provided in this chapter, the bureau shall notify the municipal assessor and the municipal assessor shall show on the current ad valorem assessment and tax roll which property is tax-deferred property by an entry clearly designating that property as tax-deferred property.
2.
Tax statement.
When requested by the bureau, the municipal tax collector shall send to the bureau as soon as the taxes are extended upon the roll the tax statement for each tax-deferred property.
3.
Interest.
Interest accrues on the actual amount of payments advanced to the municipality for the tax-deferred property pursuant to section 186 reduced by one percentage point.

Maine § 36 §6255 (Listing of tax-deferred property; interest accrual) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.