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Industry groups push to add commercial boatyards to Maine's working‑waterfront current‑use tax program
Summary
Industry and aquaculture groups urged lawmakers to include commercial boatyards explicitly among properties eligible for Maine’s working‑waterfront current‑use tax valuation under LD 1168.
Representatives of the aquaculture industry and other waterfront advocates urged the Taxation Committee to approve LD 1168, which would explicitly include commercial boatyards in Maine’s working‑waterfront current‑use tax classification.
Rep. Billy Bob Fockingham’s bill seeks to ensure that land used for commercial boatyards — facilities that store, berth, maintain and service commercial fishing and aquaculture vessels — can qualify for the reduced current‑use valuation afforded to other working‑waterfront properties. Sebastian Bell of the Maine Aquaculture Association, a member of the Working…
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