LD 1594
pg. 4
Page 3 of 4 An Act To Provide an Income Tax Exemption to Recent College Graduates Who Work ... LD 1594 Title Page
Download Bill Text
LR 2231
Item 1

 
school, have outstanding education loans and promise to work for a
Maine employer for at least 4 years. The program allows eligible
participants to have an amount withheld from their pay equal to or
more than the standard withholding for Maine income taxes for a
single individual. The amount withheld is paid by the employer
directly to the holder of the education loan and is considered
payment of Maine income taxes by the participant. Eligibility is
limited to 4 years.


Page 3 of 4 Top of Page LD 1594 Title Page