Maine Forest Service   Tree Growth Tax Law Information The Maine Legislature enacted the Tree Growth Tax Law in 1972 to help Maine landowners maintain their property as productive woodlands, and to broadly support Maine’s wood products industry. By choosing to develop a Woodland Management Plan designed to realize the value of your timber (and meet other goals for your forest) through well-planned harvests over time, your property may be eligible for enrollment. You should be sure you understand all of the benefits and obligations of Maine's Tree Growth Tax Law, as well as the penalties for removing your land from the…