Maine § 576-B. - Discount factor and capitalization rate
Full text of Maine Maine Revised Statutes § 576-B. — Discount factor and capitalization rate, with citation guidance and answers to common questions.
§ 576-B.. Discount factor and capitalization rate
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%. [PL 1997, c. 504, §7 (RPR).]
Frequently Asked Questions About Maine § 576-B.
What does Maine Revised Statutes § 576-B. cover?
Section 576-B. ("Discount factor and capitalization rate") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 576-B.?
A common citation format is "Maine Revised Statutes § 576-B." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 576-B. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.