CHAPTER 473

H.P. 387 - L.D. 502

An Act To Expand the Education Tax Credit

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 10 MRSA §1100-Y, sub-§1, ķA, as enacted by PL 2001, c. 700, §1, is amended to read:

A. "Eligible student" means a student who:

(1) Is a resident of the State;

(2) Is a graduate of an approved secondary school or the equivalent, including, but not limited to, a student who received equivalent instruction through home instruction, a student who matriculated at an accredited public or private institution of higher education in the State prior to high school graduation or a student who successfully completed a general educational development examination or its equivalent; and

(3) Is or will be matriculated at an institution of higher education; and.

(4) Signs a statement of intent to reside in the State upon graduation from that institution of higher education.