HP0141, LD 164, item 4, 125th Maine State Legislature , Amendment H "A" to C "A", Filing Number H-44, Sponsored by KNIGHT

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Amend the amendment in section 1 by striking out all of subsection 2 (page 1, lines 16 to 21 in amendment) and inserting the following:
 
‘2. Credit.   An eligible dentist determined to be eligible before January 1, 2011 is allowed a credit for each taxable year, not to exceed $15,000, against the taxes due under this Part. For dentists determined to be eligible on or after January 1, 2011, an eligible dentist is allowed a credit for each taxable year, not to exceed $12,000, against the taxes due under this Part. The credit may be claimed in the first year that the eligible dentist meets the conditions of eligibility for at least 6 months and each of the 4 subsequent years. The credit is not refundable.’
 
SUMMARY
This amendment makes a technical change to Committee Amendment "A" to clarify the dental care access credit.

HP0141, Filing Number H-44, LR 926, item 4,First Regular Session - 125th Maine Legislature, page