Taxes

New Hampshire’s Current Use Assessment program offers property owners 10% land use change tax rate and assessment reductions of up to 60% or more on qualifying forest and farmland. Established in 1973 under RSA 79-A, the program currently encompasses more than half of New Hampshire’s land area and serves as one of the state’s most…

Maine’s Tree Growth Tax Law provides substantial property tax relief for forest landowners who commit to sustainable timber management, reducing tax bills by up to 95% compared to fair market valuations. Since 1972, this program has enrolled over 11.2 million acres—roughly 60% of Maine’s forestland—while protecting working forests from development pressure through a unique current-use…