An Act To Lower the Maine Individual Income Tax Incrementally to Zero
Sec. 1. 36 MRSA §5111, sub-§7 is enacted to read:
Sec. 2. Legislation implementing reduction of individual income tax. By January 1, 2020, the Department of Administrative and Financial Services, Bureau of Revenue Services shall submit to the Joint Standing Committee on Taxation any draft legislation necessary to implement the incremental reduction to the individual income tax as provided in this Act. The committee may report out legislation to implement this Act to the Second Regular Session of the 129th Legislature.
This bill provides for the phase-out of the individual income tax.