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MAINE STATUTES AND CODES
36 §6659. Legislative findings
Title 36: TAXATION
Part 9: TAXPAYER BENEFIT PROGRAMS
Chapter 915: REIMBURSEMENT FOR TAXES PAID ON CERTAIN BUSINESS PROPERTY HEADING: PL 1995, C. 368, PT. FFF, §2 (NEW)
§6659. Legislative findings
The Legislature finds that encouragement of the growth of capital investment in this State is in the public interest and promotes the general welfare of the people of the State. The Legislature further finds that the high cost of owning qualified business property in this State is a disincentive to the growth of capital investment in this State. The Legislature further finds that the program set forth in this chapter is a reasonable means of overcoming this disincentive and will encourage capital investment in this State. [1995, c. 368, Pt. FFF, §2 (NEW).]
SECTION HISTORY
1995, c. 368, §FFF2 (NEW).