In the Farmland program, the property owner is required to have at least five contiguous acres in their parcel of land. The land must be used for farming, agriculture or horticulture and can include woodland and wasteland. Additionally, the parcel must contribute at least $2,000 gross income from farming activities each year.

The Department of Agriculture prepares a valuation guideline for municipalities, which results from studies based on suggested values using a correlation from income stream and market data attributable to agricultural enterprise.

If the property no longer qualifies as farmland, then a penalty will be assessed. The penalty is equal to the taxes that would have been paid in the last five years if the property had not been in farmland, less the taxes that were paid, plus any interest on that balance.

See Bulletin 20 (PDF) (Farmland Tax Law), 36 M.R.S. §§ 1101 - 1121 (Farm and Open Space Tax Law), and 7 M.R.S. chapter 2-B (Registration of Farmland).

Contact Farmland Tax Law Program

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Farmland Tax Law Program is not employed by or affiliated with the Land Conservation Assistance Network, and the Network does not certify or guarantee their services. The reader must perform their own due diligence and use their own judgment in the selection of any professional.

Listed in:

• Federal and State Tax Incentives and Programs

Contact Farmland Tax Law Program

Maine Revenue Services - Property Tax Division
PO Box 9106
Augusta, Maine  04332-9106
Phone: 207-624-5600
Fax: 207-287-6396
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Service Area

Statewide Program in:

• Maine

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