| SP0413 LD 1336 |
First Regular Session - 125th Maine Legislature C "A", Filing Number S-229, Sponsored by
|
LR 1566 Item 2 |
|
| Bill Tracking, Additional Documents | Chamber Status | ||
Amend the bill in section 1 in §5219-FF in subsection 2 in the last line (page 1, line 24 in L.D.) by inserting after the following: " paid" the following: ' during the taxable year'
Amend the bill in section 1 in §5219-FF by striking out all of subsection 4 (page 1, lines 27 to 31 in L.D.) and inserting the following:
Amend the bill by adding after section 2 the following:
‘Sec. 3. Appropriations and allocations. The following appropriations and allocations are made.
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
Revenue Services - Bureau of 0002
Initiative: Appropriates funds on a one-time basis to add a credit line to the individual, fiduciary and corporate state tax returns.
| GENERAL FUND | 2011-12 | 2012-13 |
|
All Other
|
$33,000 | $0 |
 |
|
|
| GENERAL FUND TOTAL | $33,000 | $0 |
Summary
This amendment clarifies that the credit is applied to compensation paid during the taxable year. It deletes unnecessary language that limits the number of interns because a limit is already set by the cap on the credit. The amendment adds a sunset date of December 31, 2015. The amendment also adds an appropriations and allocations section.