| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 36 MRSA §5219-S, as enacted by PL 1999, c. 731, Pt. V, §1 | | and affected by §2, is amended to read: |
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| | | §5219-S. Earned income credit |
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| | | A taxpayer is allowed a refundable credit against the taxes | otherwise due under this Part equal to 5% | earned income credit for the same taxable year. The credit | may not reduce the state income tax to less than zero. |
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| | | This bill expands the Maine earned income tax credit by | | increasing it to 30% of the federal credit and by making it | | refundable. |
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