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ME LD1168
Bill
Status
4/24/2025
Primary Sponsor
William Faulkingham
Click for details
AI Summary
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Adds commercial boat yards to the definition of "working waterfront land" under Maine tax law, making them eligible for current use valuation property tax benefits
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Defines "commercial boat yard" as a facility that leases storage, docking, or mooring space to watercraft and is used primarily or predominantly by persons engaged in commercial fishing activities
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Amends 36 MRSA §1132 to explicitly include commercial boat yards alongside wharves, piers, and small fishing houses already covered under the working waterfront classification
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Presented by Representative Faulkingham of Winter Harbor with bipartisan cosponsorship from coastal district legislators
Legislative Description
An Act to Amend the Law Regarding the Current Use Valuation of Certain Working Waterfront Land with Respect to Commercial Boat Yards
Tax Assessment
Last Action
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
4/24/2025