§2851. Preamble
It is the Legislature's belief that mining for metallic minerals is an acceptable and necessary activity in the State. Mining results in economic benefits to the locality where it occurs, as well as to the entire State and the Nation. Those who conduct mining do so by their own initiative and by investing their capital. When mining is conducted, investments of the State are also made to provide public facilities and services. Aesthetic costs and the permanent loss of valuable assets also result from mining. It is the Legislature's intent that the mining excise tax be fairly related to the services provided by the State and its subdivisions, as well as account for the costs of mining and the permanent loss of valuable assets. [PL 1981, c. 711, §10 (NEW).]
SECTION HISTORY
PL 1981, c. 711, §10 (NEW).
Structure Maine Revised Statutes
Chapter 371: MINING EXCISE TAX
36 §2854. Excise tax in lieu of property taxes
36 §2858. Credits, refunds and amendments
36 §2859. Estimated tax requirements
36 §2860. Enforcement (REPEALED)
36 §2861. Municipal reimbursement
36 §2862. Distribution of remaining revenues
36 §2863. Grants for impact assistance
36 §2864. Just value (REPEALED)