Maine Revised Statutes Title 36. Taxation § 1135. Current use valuation of working waterfront land

A. All excess valuation factors that affect the land's just value;

B. The comparative valuation of inland commercial enterprises that are being assessed on the basis of a use that is similar to the use of the working waterfront land with respect to function, access and level of activity; and

C. Any other factor that results in a determination of the current use value of the working waterfront land.

A. Working waterfront land used predominantly as working waterfront land is eligible for a reduction of 30%.

B. Working waterfront land used primarily as working waterfront land is eligible for a reduction of 20%.

C. Working waterfront land that is permanently protected from a change in use through deeded restrictions is eligible for the reduction described in paragraph A or B and an additional reduction of 30%.

D. Working waterfront land that is subject to a legally binding right-of-way or easement that permits access to intertidal land for commercial fishing activities is eligible for the reduction described in paragraph A, B or C and an additional reduction of 10%.