{"data":{"id":"us-me/36-m.r.s.-576-b","jurisdiction":"us-me","citation":"36 M.R.S. §576-B","heading":"Discount factor and capitalization rate","body":"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%.","path":["TITLE 36: TAXATION","PART 2: PROPERTY TAXES","CHAPTER 105: CITIES AND TOWNS","SUBCHAPTER 2-A: TREE GROWTH TAX LAW"],"source_url":"https://legislature.maine.gov/statutes/36/title36sec576-B.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:40Z","sha256":"f3d56a1f129cbc6a3f331ed5964ba4b4a2f248c93e115c666072dd2aa3cd0a2b","source_id":"us-me","stale":false,"prev":"us-me/36-m.r.s.-576-a","next":"us-me/36-m.r.s.-577"},"notice":"GroundRules: Original legal text. Not legal advice."}