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Chamber testifies in support of bill to require State to value certain energy generation property

1/22/2020

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On Tuesday, January 21, the Maine State Chamber testified in support of LD 1898, An Act Regarding Property Taxes on Certain Energy Generation Projects, sponsored by Sen. Heather Sanborn (D-Cumberland). The bill would require Maine Revenue Services (MRS) to value property of an energy generation project that is located partially in the unorganized territory and partially in organized territory and to allocate the value to the organized territory appropriately.   
Linda Caprara testified that the Maine State Chamber has a history of supporting bills like LD 1898 that would require MRS to value large industrial property. Caprara testified that valuing large industrial property, such as that associated with energy projects, is very complicated. She also noted that MRS has the expertise to value these properties appropriately and fairly across the board so that there are not wide variations or discrepancies in value for the same property from one municipality to another. She said, the same property should be valued the same way regardless of where it is located. 
       
In addition, the bill would also allow a municipality to pursue the same fair course of action afforded a taxpayer when appealing a value, that is to take their case before the State Board of Appeals.
               
If you have any questions, please contact Linda Caprara by calling (207) 623-4568, ext. 106, or [email protected]. 
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Copyright Maine State Chamber of Commerce. All rights reserved.
 128 State Street | Suite 101 | Augusta, ME 04330-5630
 Phone: (207) 623-4568
For media inquiries, please contact Katie Clark (207) 233-2230
For membership inquiries, please contact Mark Ellis. (207) 623-4568
  • About Us
    • Connect with Us
    • Affiliates & Partners
    • Meet the Team
    • Our Board
    • Local Chambers of Commerce
  • Membership
    • Benefits of Membership
    • Join the Chamber
    • Member Companies
    • Member Search
  • Public Policy
    • Public Policy Committees
    • Grassroot Resources
    • Find Your Legislator >
      • Representatives
      • Senators
  • Events
    • Calendar of Events
    • Annual Meeting and Dinner
    • Sponsorship Opportunities
    • Business Day at the Statehouse
    • Board Meetings & Board Events
    • DC Fly-In
    • Legislative Strictly Social
    • Regional Breakfasts
    • Scramble for Scholars
    • Webinars by The Maine State Chamber of Commerce
  • Initiatives
    • Education Foundation
    • Keep Maine Competitive
    • Maine Economic Research Institute (MERI)
    • Senior Leaders of Tomorrow Development Program
  • Newsroom
    • Impact Newsletter
    • MSCC Blog
    • The Bottom Line
    • The Maine Take
    • Making Maine Work
    • MERI Roll Call
    • OneVoice Maine Magazine
    • Policy Brief Series with Educate Maine
    • Press Kit
    • External Social Media Policy
  • Member Login