Current through 2024-51, December 18, 2024
Section 125-210-.02 - DefinitionsA.Certified ratio. "Certified ratio" means the level of municipal assessed value, expressed as a percentage, relative to just value as certified by the assessor pursuant to 36 M.R.S. §383. B.Distribution facilities. "Distribution facilities," as defined in 36 M.R.S. §457(1)(C), means facilities used primarily to transport communications between fixed locations, including but not limited to cables, wires, wireless transmitters and utility poles.C.Interactive 2-way communication services. "Interactive 2-way communication services" means services that allow transmission of voice, image, data, and information between or among two or more persons via a medium such as wires, cables, microwaves, radio waves, light waves, or any combination of those, or via some other similar media.D.Just value. "Just value" means market value, i.e., the amount in cash that could reasonably be expected to be paid by an informed buyer to an informed seller for a property, each acting without compulsion in an arm's-length transaction.E.Mill rate. "Mill rate" means the calculated tax rate per $1,000 of assessed value for a municipality, based on the taxable value of property in the municipality and the portion of the municipal, school, and county budgets, including any adjustments, that the municipality must collect from property taxes.F.Municipality. "Municipality" means any city, town, plantation, or that portion of a county in the unorganized territory.G.Qualified telecommunications equipment. "Qualified telecommunications equipment," as defined in 36 M.R.S. §457(1)(B), means equipment used for the transmission of interactive 2-way communications. "Qualified telecommunications equipment" includes equipment used to provide telegraph service and any interest of a telecommunications business in poles. "Qualified telecommunications equipment" does not include equipment used solely to provide value-added nonvoice services in which computer processing applications are used to act on the form, content, code, and protocol of the information to be transmitted, unless those services are provided under a tariff approved by the Public Utilities Commission. "Qualified telecommunications equipment" does not include cellular or landline telephones.H.Telecommunications business. "Telecommunications business," as defined in 36 M.R.S. §457(1)(A), means a person engaged in the activity of providing interactive 2-way communication services for compensation.18-125 C.M.R. ch. 210, § .02