‘Sec. 1. 22 MRSA §2430, sub-§3, as enacted by PL 2009, c. 631, §45 and affected by §51, is amended to read:
3. Uses of the fund. The fund may be used for expenses of the department to administer this chapter, as allocated by the Legislature. To the extent that funds remain in the fund after the expenses of the department to administer this chapter, any remaining funds must be used to fund the cost of the tax deductions provided pursuant to Title 36, section 5122, subsection 2, paragraphs PP and QQ and Title 36, section 5200-A, subsection 2, paragraph BB. By June 1st annually, the State Tax Assessor shall determine the cost of those deductions during the prior calendar year and report that amount to the State Controller, who shall transfer that amount from the remaining funds in the fund to the General Fund.
Sec. 2. 36 MRSA §5122, sub-§2, ¶¶PP and QQ are enacted to read:
PP. For taxable years beginning on or after January 1, 2016, an amount equal to the deduction disallowed under the Code, Section 280E related to carrying on a trade or business as a registered dispensary as defined in Title 22, section 2422, subsection 6.
QQ. For taxable years beginning on or after January 1, 2016, an amount equal to the amount paid for medical marijuana purchased in accordance with the Maine Medical Use of Marijuana Act by a qualifying patient, as defined in Title 22, section 2422, subsection 9, except that the amount that may be subtracted under this paragraph is limited to the amount that exceeds the applicable threshold under the Code, Sections 213(a) and 213(f) when added to the allowable medical expense deduction under the Code, Section 213.
Sec. 3. 36 MRSA §5200-A, sub-§2, ¶BB is enacted to read:
BB. For taxable years beginning on or after January 1, 2016, an amount equal to the deduction disallowed under the Code, Section 280E related to carrying on a trade or business as a registered dispensary as defined in Title 22, section 2422, subsection 6.
Sec. 4. Appropriations and allocations. The following appropriations and allocations are made.
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
Revenue Services, Bureau of 0002
Initiative: Provides funding for computer programming costs.
| GENERAL FUND | 2015-16 | 2016-17 |
|
All Other
|
$0 | $33,000 |
 |
|
|
| GENERAL FUND TOTAL | $0 | $33,000 |