Maine 2020 Revenue Lost to Tax Abatement Programs
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|New Markets Capital Investment Tax Credit||Capital investment||$13,396,078|
|Employment Tax Increment Financing (TIF)||Job creation||$12,741,278|
|Pine Tree Development Zone Tax Credit||Job creation; Capital investment||$2,779,119|
|TABULATED STATE-LEVEL TOTAL||$28,916,475|
Tabulated localities and districts
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
For Maine, the estimated reporting rate is as follows:
The state does not post local financial audits in an online repository.