(3) The amount has not been previously used as a modification pursuant to this subsection;

Sec. 15. 36 MRSA §5200-A, sub-§1, śN, as repealed and replaced by PL 2003, c. 479, §5, is amended to read:

N. With respect to property placed in service during the taxable year, an amount equal to the net increase in depreciation or expensing attributable to:

(1) For taxable years beginning on or after January 1, 2002 but prior to January 1, 2005 2006, a 30% bonus depreciation deduction claimed by the taxpayer pursuant to Section 101 of the federal Job Creation and Worker Assistance Act of 2002, Public Law 107-147 with respect to property placed in service during the taxable year;

(2) For taxable years beginning on or after January 1, 2002 but prior to January 1, 2006, a 50% bonus depreciation deduction claimed by the taxpayer pursuant to Section 201 of the federal Jobs and Growth Tax Relief Reconciliation Act of 2003, Public Law 108-27 with respect to property placed in service during the taxable year; and

(3) For taxable years beginning on or after January 1, 2003 but prior to January 1, 2006, the increase in aggregate cost claimed under Section 179 of the Code pursuant to Section 202 of the federal Jobs and Growth Tax Relief Reconciliation Act of 2003, Public Law 108- 27;

Sec. 16. 36 MRSA §5206-F, as enacted by PL 1997, c. 746, §19 and affected by §24, is amended to read:

§5206-F. Time for filing returns

The franchise tax return required by section 5220, subsection 6 must be filed on or before the 15th day of the 3rd month following the end of the financial institution's fiscal year. A financial institution required to make and file such a return shall, without assessment, notice or demand, pay any tax due to the State Tax Assessor on or before the date established by this section for filing the return.

Sec. 17. 36 MRSA §5227, as amended by PL 1997, c. 746, §22 and affected by §24, is further amended to read: