| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 36 MRSA §2723-A, sub-§5-A, as amended by PL 1997, c. 24, Pt. | | C, §6, is further amended to read: |
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| | | 5-A. Computing tax. This amount must be multiplied by 40% | | 25% and the sum must then be divided by the total number of | | adjusted acres of commercial forest land, rounded to the nearest | | 1/10 of a cent and multiplied by the number of adjusted acres of | | commercial forest land owned by each taxpayer to determine the | | amount of tax for which each owner of commercial forest land is | | liable. |
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| | | This bill adjusts the computation of the forest fire | | suppression tax from 40% to 25% to reflect the threshold that was | | established in 1991 for the years after 1996. |
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