§651. Public property The following public property is exempt from taxation: 1. Public property. A. The property of the United States so far as the taxation of such property is prohibited under the Constitution and laws of the United States; [RR 2013, c. 1, §51 (COR).] B. The property of the State […]
§652. Property of institutions and organizations 1. Property of institutions and organizations. The property of institutions and organizations is exempt from taxation as provided in this subsection. A. The real estate and personal property owned and occupied or used solely for their own purposes by incorporated benevolent and charitable institutions are exempt from taxation. […]
§653. Estates of veterans The following estates of veterans are exempt from taxation: [PL 1973, c. 66, §5 (AMD).] 1. Estates of veterans and servicemen. A. [PL 1973, c. 66, §6 (RP).] B. [PL 1973, c. 66, §6 (RP).] C. The estates up to the just value of $6,000, having a […]
§654-A. Estates of legally blind persons 1. Exemption. The residential real estate up to the just value of $4,000, having a taxable situs in the place of residence, of inhabitants of the State who are legally blind as determined by a properly licensed Doctor of Medicine, Doctor of Osteopathy or Doctor of Optometry is exempt […]
§654. Estates of certain persons (REPEALED) SECTION HISTORY PL 1973, c. 66, §§7,8 (AMD). PL 1975, c. 247 (AMD). PL 1975, c. 623, §53 (AMD). PL 1975, c. 765, §12 (AMD). PL 1975, c. 770, §202 (AMD). PL 1977, c. 420 (AMD). PL 1979, c. 732, §§24,31 (AMD). PL 1983, c. 777, §2 (AMD). PL […]
§655. Personal property The following personal property is exempt from taxation: 1. Personal property. A. Industrial inventories including raw materials, goods in process and finished work on hand; [PL 1973, c. 592, §13 (RPR).] B. Stock-in-trade, including inventory held for resale by a distributor, wholesaler, retail merchant or service establishment. “Stock-in-trade” also […]
§656. Real estate The following real estate is exempt from taxation: 1. Real estate. A. The aqueducts, pipes and conduits of any corporation supplying a municipality with water are exempt from taxation, when such municipality takes water therefrom for the extinguishment of fires without charge. B. Mines of gold, silver or baser […]
§657. Purpose (REPEALED) SECTION HISTORY PL 1969, c. 444 (NEW). PL 1971, c. 503, §2 (RP).
§658. Application (REPEALED) SECTION HISTORY PL 1969, c. 444 (NEW). PL 1971, c. 503, §2 (RP).
§659. Recovery by a municipality (REPEALED) SECTION HISTORY PL 1969, c. 444 (NEW). PL 1971, c. 503, §2 (RP).
§660. Legislative review of exemptions (REPEALED) SECTION HISTORY PL 1977, c. 490, §3 (NEW). PL 1977, c. 696, §266 (AMD). PL 1979, c. 687, §4 (RPR). PL 2001, c. 396, §14 (RP).
§661. Reimbursement for exemptions As required by the Constitution of Maine, Article IV, Part 3, Section 23, the Treasurer of State shall reimburse each municipality 50% of the property tax revenue loss suffered by that municipality during the previous calendar year as a result of statutory property tax exemptions or credits enacted after April 1, […]
