| Be it enacted by the People of the State of Maine as follows: |
|
| | Sec. 1. 36 MRSA §708, as amended by PL 1973, c. 620, §17, is | further amended to read: |
|
| §708. Assessors to value real estate and personal |
|
| | The assessors and the chief assessor of a primary assessing | area shall ascertain as nearly as may be the nature, amount and | value as of the first day of each April of the real estate and | personal property subject to be taxed, and shall estimate and | record separately the land value, exclusive of buildings, of each | parcel of real estate. The assessors and the chief assessor of a | primary assessing area shall revalue all real estate and personal | property at least every 10 years. |
|
| | This bill requires revaluation of assessed property at least | every 10 years. |
|
|