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PUBLIC LAWS OF MAINE
First Regular Session of the 121st

CHAPTER 479
S.P. 589 - L.D. 1633

An Act Regarding Conformity with the Federal Jobs and Growth Tax Relief Reconciliation Act of 2003

Be it enacted by the People of the State of Maine as follows:

     Sec. 1. 36 MRSA §111, sub-§1-A, as amended by PL 2003, c. 255, §1 and affected by §2, is further amended to read:

     1-A. Code. "Code" means the United States Internal Revenue Code of 1986 and amendments to that Code as of December 31, 2002 May 28, 2003.

     Sec. 2. 36 MRSA §5122, sub-§1, ¶N, as amended by PL 2001, c. 714, Pt. AA, §2, is repealed and the following enacted in its place:

     Sec. 3. 36 MRSA §5122, sub-§2, ¶Q, as repealed and replaced by PL 2003, c. 20, Pt. EE, §1, is repealed and the following enacted in its place:

     Sec. 4. 36 MRSA §5124-A, as repealed and replaced by PL 2003, c. 20, Pt. HH, §1, is amended to read:

§5124-A. Standard deduction; resident

     The standard deduction of a resident individual is equal to the standard deduction as determined in accordance with the Code, Section 63, except that for tax years beginning in 2003, 2004 and 2005, the Code, Section 63(c)(2) must be applied as if the basic standard deduction is $5,000 in the case of a joint return and a surviving spouse and $2,500 in the case of a married individual filing a separate return.

     Sec. 5. 36 MRSA §5200-A, sub-§1, ¶N, as amended by PL 2001, c. 714, Pt. AA, §5, is repealed and the following enacted in its place:

     Sec. 6. 36 MRSA §5200-A, sub-§2, ¶M, as repealed and replaced by PL 2003, c. 20, Pt. EE, §4, is repealed and the following enacted in its place:

     Sec. 7. 36 MRSA §5203-A, sub-§1, ¶C, as enacted by PL 1991, c. 528, Pt. N, §15 and affected by §17 and enacted by c. 591, Pt. N, §15 and affected by §17, is amended to read:

     Sec. 8. Application. That section of this Act that amends the Maine Revised Statutes, Title 36, section 111, subsection 1-A applies to tax years beginning on or after January 1, 2003 and to any prior years as specifically provided by the United States Internal Revenue Code.

Effective September 13, 2003, unless otherwise indicated.

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