LD 1007
pg. 2
Page 1 of 2 An Act to Amend the Laws on Current Use Taxation to Exclude Property that is Su... LD 1007 Title Page
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LR 1109
Item 1

 
subdivision that receives, after its classification as farmland and
open space, subdivision approval pursuant to Title 30-A, chapter
187, subchapter IV, or any municipal subdivision regulations or
ordinances adopted pursuant to that subchapter, and the subdivision
approval is provided by the appropriate approval authority on or
after April 1, 2002.

 
SUMMARY

 
This bill excludes land from the tree growth, farmland and
open space current use taxation classifications if that land
receives subdivision approval after the land's classification as
forest land or farmland and open spaces and the subdivision
approval is granted on or after April 1, 2002.


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