{"data":{"id":"us-me/36-m.r.s.-4119","jurisdiction":"us-me","citation":"36 M.R.S. §4119","heading":"Annual adjustments for inflation","body":"Beginning in 2018 and each year thereafter, on or about September 15th, for the estates of decedents who die during the succeeding calendar year, the assessor shall multiply the cost-of-living adjustment by the dollar amount contained in section 4102, subsection 5 applicable to estates of decedents dying on or after January 1, 2018. For the purposes of this section, the \"cost-of-living adjustment\" is the Chained Consumer Price Index for the 12-month period ending June 30th of the preceding calendar year divided by the Chained Consumer Price Index for the 12-month period ending June 30, 2017.  If the dollar amount, adjusted by the application of the cost-of-living adjustment, is not a multiple of $10,000, any increase must be rounded to the nearest multiple of $10,000.","path":["TITLE 36: TAXATION","PART 6: INHERITANCE, SUCCESSION AND ESTATE TAXES","CHAPTER 577: MAINE ESTATE TAX AFTER 2012"],"source_url":"https://legislature.maine.gov/statutes/36/title36sec4119.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:40Z","sha256":"16e6b539d95f0e4eae622f99e8834513ef4cf31fd276585fe81aa98770c23d0d","source_id":"us-me","stale":false,"prev":"us-me/36-m.r.s.-4118","next":"us-me/36-m.r.s.-4301"},"notice":"GroundRules: Original legal text. Not legal advice."}