Amend the bill in section 1 in §5219-FF in subsection 2 in the 2nd line (page 1, line 13 in L.D.) by striking out the following: " $2,500" and inserting the following: ' $1,000'

Amend the bill in section 1 in §5219-FF in subsection 5 in the first line (page 1, line 30 in L.D.) by inserting before the first sentence the following: ' An individual is allowed a credit under this section only if the total Maine adjusted gross income of that individual and the individual's spouse, if any, if filing jointly is $50,000 or less.'

summary

This amendment reduces the credit from $2,500 to $1,000 and limits the credit to individuals and their spouses if filing jointly who have a total Maine adjusted gross income of $50,000 or less.