LD 617
pg. 1
LD 617 Title Page An Act to Require Property Tax Payments on Conservation Easements and Developme... LD 617 Title Page
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LR 1332
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 36 MRSA §662 is enacted to read:

 
§662.__Conservation easements; development rights not exempt

 
Notwithstanding sections 651 and 652, conservation easements
and development rights acquired after October 1, 2001 by any
entity are subject to taxation under this Part.

 
SUMMARY

 
This bill provides that conservation easements and development
rights acquired after October 1, 2001 by any entity are subject
to property tax.


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