on - Session - 129th Maine Legislature
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Resolve, To Study Consolidation of Payment of Cost-of-living Tax Credits
Sec. 1. Study of consolidation of payment of cost-of-living tax credits; working group established. Resolved: That the Working Group to Study Consolidation of Payment of Cost-of-living Tax Credits, referred to in this resolve as "the working group," is established to make recommendations to the Legislature regarding the most efficient and effective means to consolidate application and payment of cost-of-living tax credits, including recommendations for making such payments available on a periodic advance basis throughout the year. For the purposes of this section, "cost-of-living tax credits" means the following individual income tax credits under the Maine Revised Statutes, Title 36, chapter 822, which assist Maine taxpayers with basic living expenses: the sales tax fairness credit, the property tax fairness credit, the credit for child care expenses, the credit for adult dependent care expenses and any similar credit identified by the working group.
1. Membership. The working group consists of 9 members appointed by the Associate Commissioner for Tax Policy within the Department of Administrative and Financial Services, Bureau of Revenue Services, referred to in this resolve as "the associate commissioner":
2. First meeting; chair. The associate commissioner or the associate commissioner's designee shall convene the first meeting of the working group no later than October 15, 2019. At the first meeting the working group shall select a chair from among its membership. The working group may create subgroups to work on specific issues or initiatives and may include individuals who are not working group members.
3. Duties. The working group shall:
Sec. 2. Report. Resolved: That by February 1, 2020, the associate commissioner shall submit the results of its study, including any suggested legislation necessary to implement the recommendations of the working group, to the Joint Standing Committee on Taxation and the Joint Standing Committee on Appropriations and Financial Affairs. Each committee may submit a bill to the Second Regular Session of the 129th Legislature related to the report.
Sec. 3. Staff assistance. Resolved: That the Department of Administrative and Financial Services shall provide necessary staffing services to the working group.
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