‘Sec. 1. 36 MRSA §5219-L, sub-§1, as amended by PL 2013, c. 502, Pt. J, §1 and affected by §3, is further amended to read:
1. Super credit allowed for substantial expansions of research and development. For tax years beginning before January 1, 2014, a A taxpayer that qualifies for the research expense tax credit allowed under section 5219-K is allowed an additional credit against the tax due under this Part equal to the excess, if any, of qualified research expenses for the taxable year over the super credit base amount. For purposes of this section, "super credit base amount" means the average amount spent on qualified research expenses by the taxpayer in either the 3 taxable years immediately preceding the effective date of this section, increased by 50%, or, if the taxpayer has not claimed a credit under this section for the 3 consecutive taxable years immediately preceding January 1, 2014, the 3 taxable years immediately preceding January 1, 2014, increased by 50%. For purposes of this section, "qualified research expenses" has the same meaning as under the Code, Section 41 but applies only to expenditures for research conducted in this State.’