Sec. F-1. Study tax relief and tax reform. The Joint Standing Committee on Taxation shall study tax relief and tax reform. The study must include, but is not limited to, the following issues: broadening the sales tax base by eliminating current exemptions or exclusions. Specific focus must be made on the "rent-to-own" industry, income tax and revenue targeting.
1. Staff assistance. The committee shall request staffing assistance from the Legislative Council.
2. Reimbursement. The committee members are entitled to receive the legislative per diem, as defined in the Maine Revised Statutes, Title 3, section 2, for each day's attendance at meetings of the committee. All members of the committee are entitled to reimbursement for travel and other necessary expenses upon application to the Legislative Council. The Executive Director of the Legislative Council shall administer the committee budget.
3. Meetings. The committee may meet up to 4 times.
4. Report. The committee shall present its findings and any recommended legislation to the Second Regular Session of the 118th Legislature.
Sec. F-2. Allocation. The following funds are allocated from the Tax Relief Fund for Maine Residents to carry out the purposes of this Part.
1997-98
LEGISLATURE
Tax Committee Study
All Other $5,460
Provides funds for the per diem of legislative members, expenses and miscellaneous costs of the Joint Standing Committee on Taxation to study a number of remaining tax reform issues.
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