36 §1112. Recapture penalty (REPEALED)
§1112. Recapture penalty (REPEALED) SECTION HISTORY PL 1975, c. 726, §2 (NEW). PL 1983, c. 400, §§2,3 (AMD). PL 1987, c. 728, §9 (RPR). PL 1989, c. 555, §19 (AMD). PL 1989, c. 748, §6 (AMD). PL 1993, c. 452, §§12,13 (AMD). PL 1995, c. 603, §2 (AMD). PL 1999, c. 731, §Y5 (AMD). PL […]
36 §1112-A. Mineral lands (REPEALED)
§1112-A. Mineral lands (REPEALED) SECTION HISTORY PL 1981, c. 711, §9 (NEW). PL 1987, c. 772, §18 (RP).
36 §1112-B. Mineral lands subject to an excise tax
§1112-B. Mineral lands subject to an excise tax Any statutory or constitutional penalty imposed as a result of withdrawal or a change of use, whether imposed before or after January 1, 1984, shall be determined without regard to the presence of minerals, provided that when payment of the penalty is made or demanded, whichever occurs […]
36 §1101. Purpose
§1101. Purpose It is declared that it is in the public interest to encourage the preservation of farmland and open space land in order to maintain a readily available source of food and farm products close to the metropolitan areas of the State to conserve the State’s natural resources and to provide for the welfare […]
36 §1102. Definitions
§1102. Definitions When used in this subchapter, unless the context otherwise indicates, the following words shall have the following meanings. [PL 1975, c. 726, §2 (NEW).] 1. Assessor. [PL 1979, c. 378, §7 (RP).] 2. Comprehensive plan. “Comprehensive plan” means zoning or a plan of development, including any amendment thereto, prepared or adopted by […]
36 §1103. Owner’s application
§1103. Owner’s application An owner of farmland or open space land may apply for taxation under this subchapter by filing with the assessor the schedule provided for in section 1109. The election to apply requires the written consent of all owners of an interest in that farmland or open space land. [PL 2007, c. […]
36 §1104. Administration; regulations
§1104. Administration; regulations The State Tax Assessor shall adopt and amend such rules as may be reasonable and appropriate to carry out the State Tax Assessor’s responsibilities as provided in this subchapter. [PL 2019, c. 501, §24 (AMD).] SECTION HISTORY PL 1975, c. 726, §2 (NEW). PL 1977, c. 467, §2A (RPR). PL 2019, […]
36 §1105. Valuation of farmland
§1105. Valuation of farmland The municipal assessor, chief assessor or State Tax Assessor for the unorganized territory shall establish the 100% valuation per acre based on the current use value of farmland used for agricultural or horticultural purposes. The values established must be guided by the Department of Agriculture, Conservation and Forestry as provided in […]
36 §1106. Powers and duties; State Tax Assessor (REPEALED)
§1106. Powers and duties; State Tax Assessor (REPEALED) SECTION HISTORY PL 1975, c. 726, §2 (NEW). PL 1989, c. 748, §3 (AMD). PL 1991, c. 508, §1 (AMD). PL 1993, c. 452, §8 (RP).
36 §1106-A. Valuation of open space land
§1106-A. Valuation of open space land 1. Valuation method. For the purposes of this subchapter, the current use value of open space land is the sale price that particular open space parcel would command in the marketplace if it were required to remain in the particular category or categories of open space land for which […]