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PUBLIC LAWS OF MAINE
First Regular Session of the 121st

PART UU

     Sec. UU-1. Tax expenditures. The following tax expenditures for fiscal years 2003-04 and 2004-05, in accordance with Title 5, section 1666, will continue in effect unless repealed or modified by the 121st Legislature.

General Fund Sales Tax Expenditures

36 MRSA

FY'04

FY'05

Casual Sales

1752 sub§11

D

D

Sales by Executors

1752 sub§11

A

A

Separately Charged Labor Service Fees

1752 sub§14

$23,588,050

$24,649,512

Tips Given Directly to Employees

1752 sub§14

$847,937

$890,333

Certain Telecommunications Services

1752 sub§18D ¶B

$12,790,416

$13,141,176

Sales Tax Prohibited by the Federal & State Constitutions

1760 sub§1

D

D

Sales to the State & Political Subdivisions

1760 sub§2

$114,310,647

$118,883,073

Grocery Staples

1760 sub§3

$111,973,968

$114,112,656

Ships Stores

1760 sub§4

C

C

Prescription Drugs

1760 sub§5

$32,802,696

$33,210,336

Prosthetic Devices

1760 sub§5A

$1,378,694

$1,433,842

Meals Served by Public or Private Schools

1760 sub§6 ¶A

$8,548,732

$8,805,194

Meals Served to Patients in Hospitals & Nursing Homes

1760 sub§6 ¶B

E

E

Providing Meals for the Elderly

1760 sub§6 ¶C

$485,642

$505,069

Providing Meals to Residents of Certain Nonprofit Congregate Housing Facilities

1760 sub§6 ¶D

A

A

Certain Meals Served by Colleges to Employees of the College

1760 sub§6 ¶E

A

A

Products Used in Agricultural and Aqua- cultural Production & Bait

1760 sub§7

$7,752,535

$8,037,277

Certain Jet Fuel

1760 sub§8 ¶B

$1,552,324

$1,598,894

Coal, Oil & Wood for Cooking & Heating Homes

1760 sub§9

$21,275,206

$21,487,958

Fuel Oil for Burning Blueberry Land

1760 sub§9A

A

A

First 750 KW Hours of Residential Electricity Per Month

1760 sub§9B

$11,328,358

$11,554,926

Gas When Used for Cooking & Heating in Residences

1760 sub§9C

$8,169,864

$8,329,128

Fuel and Electricity Used in Manufacturing

1760 sub§9D

$29,798,919

$30,990,876

Fuel Oil or Coal that becomes an Ingredient or Component Part

1760 sub§9G

A

A

Certain Returnable Containers

1760 sub§12

$1,076,659

$1,130,492

Packaging Materials

1760 sub§12A

$11,015,760

$11,305,848

Publications Sold on Short Intervals

1760 sub§14

$4,730,330

$4,801,620

Sales to Hospitals, Research Centers, Churches and Schools

1760 sub§16

F

F

Camp Rentals

1760 sub§17

B

B

Rental Charges for Living Quarters in Nursing Homes

1760 sub§18

C

C

Sales to Certain Nonprofit Residential Child Care Institutions

1760 sub§18A

B

B

Rental of Living Quarters at Schools

1760 sub§19

E

E

Rental Charges on Continuous Residence for More Than 28 Days

1760 sub§20

$128,621,796

$135,563,052

Automobiles Used in Driver Education Programs

1760 sub§21

A

A

Automobiles Sold to Amputee Veterans

1760 sub§22

A

A

Certain Vehicles Purchased or Leased by Nonresidents

1760 sub§23

$0

$0

Certain Vehicles Purchased by Nonresidents

1760 sub§23C

C

C

Funeral Services

1760 sub§24

$3,070,572

$3,151,152

Watercraft Purchased by Nonresidents

1760 sub§25

A

A

Snowmobiles & All-terrain Vehicles Purchased by Nonresidents

1760 sub§§25A, 25B

A

A

Sales to Volunteer Ambulance Corps & Fire Departments

1760 sub§26

B

B

Sales to Community Mental Health, Substance Abuse & Mental Retardation Facilities

1760 sub§28

B

B

Water Pollution Control Facilities

1760 sub§29

C

C

Air Pollution Control Facilities

1760 sub§30

C

C

Machinery & Equipment

1760 sub§31

$24,694,452

$25,114,416

New Machinery for Experimental Research

1760 sub§32

B

B

Diabetic Supplies

1760 sub§33

$484,853

$504,247

Sales Through Coin-operated Vending Machines

1760 sub§34

$754,017

$787,948

Goods & Services for Seeing Eye Dogs

1760 sub§35

A

A

Sales to Regional Planning Agencies

1760 sub§37

A

A

Water Used in Private Residences

1760 sub§39

$5,662,404

$5,703,168

Mobile & Modular Homes

1760 sub§40

$3,211,004

$3,371,553

Property Used in Interstate Commerce

1760 sub§41

C

C

Sales to Historical Societies & Museums

1760 sub§42

B

B

Sales to Day Care Centers & Nursery Schools

1760 sub§43

B

B

Sales to Church Affiliated Residential Homes

1760 sub§44

A

A

Certain Property Purchased Out of State

1760 sub§45

A

A

Sales to Organ. that Provide Res. Fac. for Med. Patients

1760 sub§46

A

A

Sales to Emergency Shelters & Feeding Organizations

1760 sub§47A

A

A

Sales to Community Action Agencies; Child Abuse Councils; Child Advocacy Orgs.

1760 sub§49

C

C

Sales to any Nonprofit Free Libraries

1760 sub§50

B

B

Sales to Veterans' Memorial Cemetery Associations

1760 sub§51

A

A

Railroad Track Materials

1760 sub§52

$47,253

$49,143

Sales to Nonprofit Rescue Operations

1760 sub§53

A

A

Items Purchased with Food Stamps

1760 sub§54

$462,769

$467,396

Sales to Hospice Organizations

1760 sub§55

A

A

Sales to Nonprofit Youth & Scouting Organizations

1760 sub§56

C

C

Self-help Literature on Alcoholism

1760 sub§57

A

A

Portable Classrooms

1760 sub§58

A

A

Sales to Certain Incorp. Nonprofit Educational Orgs.

1760 sub§59

A

A

Sales to Incorporated Nonprofit Animal Shelters

1760 sub§60

A

A

Construction Contracts with Exempt Organizations

1760 sub§61

D

D

Sales to Certain Charitable Suppliers of Medical Equipment

1760 sub§62

A

A

Sales to Orgs. that Fulfill the Wishes of Children with Life-threatening Diseases

1760 sub§63

A

A

Sales by Schools & School-sponsored Organizations

1760 sub§64

C

C

Sales to Monasteries and Convents

1760 sub§65

A

A

Sales to Providers of Certain Support Systems for Single-parent Families

1760 sub§66

A

A

Sales to Nonprofit Home Construction Organizations

1760 sub§67

A

A

Sales to Orgs. that Conduct Research for the Maine Science & Technology Community

1760 sub§68

A

A

Sales to Orgs. that Create & Maintain a Registry of Vietnam Veterans

1760 sub§69

A

A

Sales to Orgs. that Provide Certain Services for Hearing-impaired Persons

1760 sub§70

A

A

Sales to State-chartered Credit Unions

1760 sub§71

A

A

Sales to Nonprofit Housing Development Organizations

1760 sub§72

B

B

Seedlings for Commercial Forestry Use

1760 sub§73

B

B

Property Used in Manufacturing Production

1760 sub§74

$242,156,172

$247,625,184

Meals & Lodging Provided to Employees

1760 sub§75

$1,846,858

$1,920,732

Certain Aircraft Parts

1760 sub§76

A

A

Sales to Eye Banks

1760 sub§77

A

A

Sales of Certain Farm Animal Bedding & Hay

1760 sub§78

A

A

Partial Exemption For Clean Fuel Vehicles

1760 sub§79

A

A

Electricy Used for Net Billing

1760 sub§80

A

A

Animal Waste Storage Facility

1760 sub§81

A

A

Sales of Property Delivered Outside this State

1760 sub§82

F

F

Sales of Certain Printed Materials

1760 sub§83

C

C

Sales to Centers for Innovation

1760 sub§84

A

A

Certain Sales by an Auxiliary Organization of the American Legion

1760 sub§85

A

A

Trade-in Credits

1765

$28,887,099

$30,331,453

Sales Tax Credit on Worthless Accounts

1811-A

A

A

Credit for Sales Taxes Paid to Another State

1862

A

A

Returned Merchandise Donated to Charity

1863

B

B

Merchandise Donated from a Retailer's Inventory to Exempt Organizations

1864

B

B

Refund of Sales Tax on Goods Removed from the State

2012

A

A

Refund of Sales Tax on Certain Depreciable Machinery and Equipment

2013

$4,498,098

$4,678,022

Fish Passage Facilities

2014

A

A

Exempt Personal Services

1752 sub§11

$9,892,380

$10,198,584

Exempt Business and Legal Services (Consumer Purchases)

1752 sub§11

$12,087,000

$12,497,484

Exempt Amusement & Recreational Services

1752 sub§11

$28,347,096

$29,338,704

Exempt Health Services (Consumer Purchases)

1752 sub§11

$25,801,716

$26,684,304

Exempt Educational Services (Consumer Purchases)

1752 sub§11

$43,893,348

$45,940,080

Exempt Membership, Social and Misc. Services (Consumer Purchases)

1752 sub§11

$71,800,572

$74,310,876

Exempt Finance, Insurance & Real Estate Purchases by Consumers

1752 sub§11

$75,063,588

$77,439,276

Exempt Finance, Insurance & Real Estate Purchases by Business

1752 sub§11

$142,728,036

$150,909,276

Exempt Transportation Purchases by Consumers

1752 sub§11

$10,744,632

$11,196,828

Exempt Transportation Purchases by Business

1752 sub§11

$49,038,144

$51,041,268

Exempt Services Purchased by Business

1752 sub§11

$173,964,636

$183,070,176

Excise Tax Exemption on Jet or Turbo Jet Fuel

2903

$330,234

$333,536

Fuel Brought into the State in the Fuel Tanks of Aircraft

2903

A

A

Refund of Excise Tax on Fuel Used in Piston Aircraft

2910

$57,000

$58,000

Insurance Company Exclusions From Premiums Tax

2514

B

B

Deductions of Dividends & Direct Return Premiums

2515

A

A

Insurance Company Tax Credit for Provision of Day Care Services

2524

A

A

Cigarette Stamp Tax Deduction for Licensed Distributors

4366-A sub§2

$2,098,218

$2,079,334

Exemptions of the Real Estate Transfer Tax

4641-C

C

C

Local Government Fund Sales Tax Expenditures

36 MRSA

FY'04

FY'05

Casual Sales

1752 sub§11

B

B

Sales by Executors

1752 sub§11

A

A

Separately Charged Labor Service Fees

1752 sub§14

$1,293,859

$1,352,083

Tips Given Directly to Employees

1752 sub§14

$46,511

$48,837

Certain Telecommunications Services

1752 sub§18D ¶B

$701,584

$720,824

Sales Tax Prohibited by the Federal & State Constitutions

1760 sub§1

B

B

Sales to the State & Political Subdivisions

1760 sub§2

$6,270,204

$6,521,012

Grocery Staples

1760 sub§3

$6,142,032

$6,259,344

Ships Stores

1760 sub§4

A

A

Prescription Drugs

1760 sub§5

$1,799,304

$1,821,664

Prosthetic Devices

1760 sub§5A

$75,625

$78,650

Meals Served by Public or Private Schools

1760 sub§6 ¶A

$468,918

$482,985

Meals Served to Patients in Hospitals & Nursing Homes

1760 sub§6 ¶B

B

B

Providing Meals for the Elderly

1760 sub§6 ¶C

$26,639

$27,704

Providing Meals to Residents of Certain Nonprofit Congregate Housing Facilities

1760 sub§6 ¶D

A

A

Certain Meals Served by Colleges to Employees of the College

1760 sub§6 ¶E

A

A

Products Used in Agricultural and Aquacultural Production & Bait

1760 sub§7

$425,245

$440,863

Certain Jet Fuel

1760 sub§8 ¶B

$85,149

$87,703

Coal, Oil & Wood for Cooking & Heating Homes

1760 sub§9

$1,166,994

$1,178,664

Fuel Oil for Burning Blueberry Land

1760 sub§9A

A

A

First 750 KW Hours of Residential Electricity Per Month

1760 sub§9B

$621,387

$633,814

Gas When Used for Cooking & Heating in Residences

1760 sub§9C

$448,136

$456,872

Fuel and Electricity Used in Manufacturing

1760 sub§9D

$1,634,540

$1,699,921

Fuel Oil or Coal that becomes an Ingredient or Component Part

1760 sub§9G

A

A

Certain Returnable Containers

1760 sub§12

$59,057

$62,010

Packaging Materials

1760 sub§12A

$604,240

$620,152

Publications Sold on Short Intervals

1760 sub§14

$259,470

$263,380

Sales to Hospitals, Research Centers, Churches and Schools

1760 sub§16

C

C

Camp Rentals

1760 sub§17

A

A

Rental Charges for Living Quarters in Nursing Homes

1760 sub§18

A

A

Sales to Certain Nonprofit Residential Child Care Institutions

1760 sub§18A

A

A

Rental of Living Quarters at Schools

1760 sub§19

B

B

Rental Charges on Continuous Residence for More Than 28 Days

1760 sub§20

$7,055,204

$7,435,948

Automobiles Used in Driver Education Programs

1760 sub§21

A

A

Automobiles Sold to Amputee Veterans

1760 sub§22

A

A

Certain Vehicles Purchased or Leased by Nonresidents

1760 sub§23

$0

$0

Certain Vehicles Purchased by Nonresidents

1760 sub§23C

A

A

Funeral Services

1760 sub§24

$168,428

$172,848

Watercraft Purchased by Nonresidents

1760 sub§25

A

A

Snowmobiles & All-terrain Vehicles Purchased by Nonresidents

1760 sub§§25A, 25B

A

A

Sales to Volunteer Ambulance Corps & Fire Departments

1760 sub§26

A

A

Sales to Community Mental Health, Substance Abuse & Mental Retardation Facilities

1760 sub§28

A

A

Water Pollution Control Facilities

1760 sub§29

A

A

Air Pollution Control Facilities

1760 sub§30

A

A

Machinery & Equipment

1760 sub§31

$1,354,548

$1,377,584

New Machinery for Experimental Research

1760 sub§32

A

A

Diabetic Supplies

1760 sub§33

$26,595

$27,659

Sales Through Coin-operated Vending Machines

1760 sub§34

$41,360

$43,221

Goods & Services for Seeing Eye Dogs

1760 sub§35

A

A

Sales to Regional Planning Agencies

1760 sub§37

A

A

Water Used in Private Residences

1760 sub§39

$310,596

$312,832

Mobile & Modular Homes

1760 sub§40

$176,131

$184,938

Property Used in Interstate Commerce

1760 sub§41

A

A

Sales to Historical Societies & Museums

1760 sub§42

A

A

Sales to Day Care Centers & Nursery Schools

1760 sub§43

A

A

Sales to Church-affiliated Residential Homes

1760 sub§44

A

A

Certain Property Purchased Out of State

1760 sub§45

A

A

Sales to Organ. that Provide Res. Fac. for Med. Patients

1760 sub§46

A

A

Sales to Emergency Shelters & Feeding Organizations

1760 sub§47A

A

A

Sales to Community Action Agencies; Child Abuse Councils; Child Advocacy Orgs.

1760 sub§49

A

A

Sales to any Nonprofit Free Libraries

1760 sub§50

A

A

Sales to Veterans' Memorial Cemetery Associations

1760 sub§51

A

A

Railroad Track Materials

1760 sub§52

$2,592

$2,696

Sales to Nonprofit Rescue Operations

1760 sub§53

A

A

Items Purchased with Food Stamps

1760 sub§54

$25,384

$25,638

Sales to Hospice Organizations

1760 sub§55

A

A

Sales to Nonprofit Youth & Scouting Organizations

1760 sub§56

A

A

Self-help Literature on Alcoholism

1760 sub§57

A

A

Portable Classrooms

1760 sub§58

A

A

Sales to Certain Incorp. Nonprofit Educational Orgs.

1760 sub§59

A

A

Sales to Incorporated Nonprofit Animal Shelters

1760 sub§60

A

A

Construction Contracts with Exempt Organizations

1760 sub§61

B

B

Sales to Certain Charitable Suppliers of Medical Equipment

1760 sub§62

A

A

Sales to Orgs. that Fulfill the Wishes of Children with Life-threatening Diseases

1760 sub§63

A

A

Sales by Schools & School-sponsored Organizations

1760 sub§64

A

A

Sales to Monasteries and Convents

1760 sub§65

A

A

Sales to Providers of Certain Support Systems for Single-parent Families

1760 sub§66

A

A

Sales to Nonprofit Home Construction Organizations

1760 sub§67

A

A

Sales to Orgs. that Conduct Research for the Maine Science & Tech. Comm.

1760 sub§68

A

A

Sales to Orgs. that Create & Maintain a Registry of Vietnam Veterans

1760 sub§69

A

A

Sales to Orgs. that Provide Certain Services for Hearing-impaired Persons

1760 sub§70

A

A

Sales to State-chartered Credit Unions

1760 sub§71

A

A

Sales to Nonprofit Housing Development Organizations

1760 sub§72

A

A

Seedlings for Commercial Forestry Use

1760 sub§73

A

A

Property Used in Manufacturing Production

1760 sub§74

$13,282,828

$13,582,816

Meals & Lodging Provided to Employees

1760 sub§75

$101,304

$105,357

Certain Aircraft Parts

1760 sub§76

A

A

Sales to Eye Banks

1760 sub§77

A

A

Sales of Certain Farm Animal Bedding & Hay

1760 sub§78

A

A

Partial Exemption for Clean Fuel Vehicles

1760 sub§79

A

A

Electricity Used for Net Billing

1760 sub§80

A

A

Animal Waste Storage Facility

1760 sub§81

A

A

Sales of Property Delivered Outside this State

1760 sub§82

C

C

Sales of Certain Printed Materials

1760 sub§83

A

A

Sales to Centers for Innovation

1760 sub§84

A

A

Certain Sales by an Auxiliary Organization of the American Legion

1760 sub§85

A

A

Trade-in Credits

1765

$1,584,524

$1,663,751

Sales Tax Credit on Worthless Accounts

1811-A

A

A

Credit for Sales Taxes Paid to Another State

1862

A

A

Returned Merchandise Donated to Charity

1863

A

A

Merchandise Donated from a Retailer's Inventory to Exempt Organizations

1864

A

A

Refund of Sales Tax on Goods Removed from the State

2012

A

A

Refund of Sales Tax on Certain Depreciable Machinery and Equipment

2013

$246,731

$256,600

Fish Passage Facilities

2014

A

A

Exempt Personal Services

1752 sub§11

$542,620

$559,416

Exempt Business and Legal Services (Consumer Purchases)

1752 sub§11

$663,000

$685,516

Exempt Amusement & Recreational Services

1752 sub§11

$1,554,904

$1,609,296

Exempt Health Services (Consumer Purchases)

1752 sub§11

$1,415,284

$1,463,696

Exempt Educational Services (Consumer Purchases)

1752 sub§11

$2,407,652

$2,519,920

Exempt Membership, Social and Misc. Services (Consumer Purchases)

1752 sub§11

$3,938,428

$4,076,124

Exempt Finance, Insurance and Real Estate Purchases by Consumers

1752 sub§11

$4,117,412

$4,247,724

Exempt Finance, Insurance and Real Estate Purchases by Business

1752 sub§11

$7,828,964

$8,277,724

Exempt Transportation Services (Consumer Purchases)

1752 sub§11

$589,368

$614,172

Exempt Transportation Services (Business Purchases)

1752 sub§11

$2,689,856

$2,799,732

Exempt Services Purchased by Business

1752 sub§11

$9,542,364

$10,041,824

H.O.M.E. Fund Excise Tax Expenditure

36 MRSA

FY'04

FY'05

Exemptions of the Real Estate Transfer Tax

4641-C

C

C

Highway Fund Sales Tax Expenditures

36 MRSA

FY'04

FY'05

Exemption for Motor Vehicle Fuel

1760 sub§8

$63,834,209

$65,134,658

Highway Fund Gasoline and Special Fuel Tax Expenditures

36 MRSA

FY'04

FY'05

Local Government Exemption from the Gasoline Tax

2903

$1,016,973

$1,052,195

Federal Exemption from the Gasoline Tax

2903

$224,306

$232,074

Exemption for Gasoline Exported from the State

2903

$51,532,256

$53,317,032

Fuel Brought into the State in Fuel Tanks of Autos and Trucks

2903

A

A

Gasoline Shrinkage Allowance

2906

$738,598

$764,179

Refund on Worthless Accounts

2906-A

A

A

Refund of the Gasoline Tax for Off-highway Use

2908

$415,100

$431,603

Refund of the Entire Gasoline Tax for Certain Bus Companies

2909

$38,549

$40,082

State and Local Government Exemption from the Special Fuel Tax

3204-A

$2,688,169

$2,844,229

Distillate Fuel Credit for Worthless Accounts

3214

A

A

Refund of the Special Fuel Tax for Certain Bus Companies

3215

$3,071

$3,186

Refund of the Special Fuel Tax for Off-highway Use

3218

$2,334,439

$2,469,963

Exemption of Tax on Distillate Fuel Exported from the State

3204-A

$5,797,174

$6,074,175

Excise Tax Exemptions by United States Law

3204-A

$154,616

$162,003

Exemption for Dyed Fuel

3204-A

$17,943,998

$18,801,400

Exemption for Fuel Used Solely for Heating or Cooking

3204-A

$13,575,439

$14,224,102

Exempt Fuel Sold for the Generation of Power for Resale or Manufacturing

3204-A

$878,278

$920,244

General Fund Income Tax Expenditures

36 MRSA

FY'04

FY'05

Individual Income Tax Exemptions of Interest on U.S. Obligations

5122 sub§2 ¶A

$8,566,116

$8,908,760

Deduction for Social Security Benefits Taxable at Federal Level

5122 sub§2 ¶C

$31,001,583

$32,551,662

Deduction of Premiums Paid for Long-term Health Care Insurance

5122 sub§2 ¶L

$784,746

$823,983

Deduction for Contributions to a Capital Construction Fund

5122 sub§2 ¶I

C

C

Deduction for Qualified Withdrawal from Higher Education Account

5122 sub§2 ¶J

C

C

Deduction for Pension Income

5122 sub§2 ¶M

$13,406,770

$14,077,109

Deduction for Holocaust Victim Settlement Payments

5122 sub§2 ¶O

A

A

Itemized Deductions

5125

$63,295,154

$65,932,452

Income Tax Paid to Another Jurisdiction

5217-A

$22,487,518

$23,387,019

Income Tax Credit for Child Care Expense of Residents

5218

$3,175,443

$3,238,951

Retirement & Disability Tax Credit

5219-A

$3,796

$3,416

Income Taxes for Non-Maine Resident Servicemen

5142 sub§7

$3,327,364

$3,552,580

Exempt Assocs. & Trusts from Fed. Tax are Exempt from the ME Corp Inc. Tax

5162 sub§2

A

A

Credit for Income Taxes Paid Another State on an Estate or Trust

5165

A

A

Tax Credit on a Resident Trust

5214-A

A

A

Nonresident Trusts and Estates

5175

A

A

Corporate Income Tax Exemptions by U.S. Law

5200-A sub§2 ¶A

$13,875,249

$14,014,002

Exclusion for a Portion of the Dividends Received from Uncombined Affiliates

5200-A sub§2 ¶G

D

D

Double-weighted Sales Tax Apportionment Formula

5211

$2,402,934

$2,426,964

Single Sales Factor Apportionment for Mutual Fund Service Providers

5212

A

A

Jobs and Investment Tax Credit

5215

$1,047,747

$1,079,180

Maine Seed Capital Tax Credit

5216-B

$864,083

$898,647

Family Development Account Credit

5216-C

$20,331

$21,145

Employer-assisted Child Care Tax Credit

5217

A

A

Employer-provided Long-term Care Benefits Credit

5217-B

A

A

Forest Management Planning Tax Credit

5219-C

A

A

Solid Waste Reduction Investment Tax Credit

5219-D

B

B

Machinery & Equipment Investment Tax Credit

5219-E

$124,875

$18,731

Research Expense Tax Credit

5219-K

$254,142

$264,308

Super Research & Development Expense Tax Credit

5219-L

$815,547

$856,324

High-technology Investment Tax Credit

5219-M

$1,524,853

$1,585,847

Low-income Tax Credit

5219-N

D

D

Dependent Health Insurance Tax Credit

5219-O

A

A

Clean Fuel Vehicle Economic & Infrastructure Development Credit

5219-P

A

A

Educational Attainment Investment Tax Credit

5219-U

$834,158

$5,623,410

Recruitment Credit Investment Tax Credit

5219-V

$92,684

$173,920

Quality Child Care Investment Credit

5219-Q

A

A

Credit for Rehabilitation of Historic Properties

5219-R

$152,485

$158,585

State Earned Income Tax Credit

5219-S

$1,444,514

$1,487,849

Above the Line Deduction for Education Expenses

5102 sub§11

$3,126,570

$3,139,583

Deduction for Unreimbursed Teacher Expenses

5102 sub§11

$101,883

$0

Net Exclusion of Pension Contributions & Earnings (Employer Plans)

5102 sub§11

$86,672,246

$91,248,394

Net Exclusion of Pension Contributions & Earnings (Ind. Retire. Plans)

5102 sub§11

$12,538,646

$14,735,197

Net Exclusion of Pension Contributions & Earnings (Keogh Plans)

5102 sub§11

$5,308,332

$5,491,378

Exclusion of Premiums on Accident and Disability Insurance

5102 sub§11

$2,196,551

$2,288,074

Excl. of Other Employee Benefits (Premiums on Group Term Life Insurance)

5102 sub§11

$2,288,074

$2,379,597

Deductibility of Casualty & Theft Losses

5102 sub§11

$202,137

$222,351

Exclusion of Untaxed Medicare Benefits

5102 sub§11

$24,697,695

$24,436,631

Deductibility of Medical Expenses

5102 sub§11

$8,148,114

$8,699,627

Excl. Contributions by Employers for Med. Insurance Premiums & Med. Care

5102 sub§11

$77,886,041

$84,018,080

Exclusion of Public Assistance Benefits

5102 sub§11

$2,928,735

$3,020,258

Expensing Multiperiod Timber Growing Costs

5102 sub§11

$205,927

$228,807

Expensing of Exploration & Development Costs of Nonfuel Minerals

5102 sub§11

C

C

Excess of Percentage over Cost Depletion, Nonfuel Minerals

5102 sub§11

$72,991

$75,911

Excess of Percentage over Cost Depletion

5102 sub§11

$678,590

$705,733

Deferral of Income of Controlled Foreign Corporations

5102 sub§11

$997,271

$1,037,162

Expensing of Research & Development Expenditures

5102 sub§11

$1,931,481

$2,008,740

Exclusion of Benefits & Allowances to Armed Forces Personnel

5102 sub§11

$2,453,570

$2,551,713

Exclusion of Income of Foreign Sales Corporations

5102 sub§11

$1,277,346

$1,328,439

Exclusion of Income Earned Abroad by U.S. Citizens

5102 sub§11

$2,944,284

$3,062,056

Expensing of Exploration & Development Costs

5102 sub§11

C

C

Exclusion of Workers' Compensation Benefits

5102 sub§11

$3,729,427

$3,878,604

Deductibility of Charitable Contributions

5102 sub§11

$22,629,854

$24,161,578

Exclusion for Employer- provided Child Care

5102 sub§11

$785,143

$816,548

Exclusion for Certain Foster Care Payments

5102 sub§11

$588,857

$612,411

Expensing Costs of Removing Architectural Barriers

5102 sub§11

$109,005

$113,365

Exclusion of Cafeteria Plans

5102 sub§11

$13,739,994

$14,289,594

Exclusion of Employees' Meals and Lodging (Other Than Military)

5102 sub§11

$883,285

$918,617

Employee Stock Ownership Plans (ESOPs)

5102 sub§11

$1,175,154

$1,222,160

Exclusion of Rental Allowances of Ministers' Home

5102 sub§11

$396,383

$412,238

Exclusion of Miscellaneous Fringe Benefits

5102 sub§11

$5,888,569

$6,124,112

Exclusion of Interest on State & Local Government Student Loan Bonds

5102 sub§11

$392,571

$408,274

Exclusion of Scholarship and Fellowship Income

5102 sub§11

$1,397,895

$1,453,811

Deduction for Interest on Student Loans

5102 sub§11

$588,857

$612,411

Deferral of Tax on Earnings of Qualified State Tuition Programs

5102 sub§11

$196,286

$204,137

Excl. Int. on State & Local Govt. Bonds for Private Nonprofit Educational Fac.

5102 sub§11

$981,428

$1,020,685

Deductibility of Other State & Local Taxes

5102 sub§11

$3,259,968

$3,390,367

Deduction of Self- employed Health and
L-T Care Insurance Premiums

5102 sub§11

$5,591,128

$5,814,774

Exclusion of Capital Gains at Death

5102 sub§11

$54,869,301

$57,064,073

Expensing Depreciable Business Property

5102 sub§11

$767,931

$548,522

Amortization of Business Start-up Costs

5102 sub§11

$588,857

$612,411

Depreciation on Equipment in Excess of Alternative Depreciation System

5102 sub§11

$58,522,646

$60,863,552

Depreciation of Rental Housing in Excess of Alternative Depreciation System

5102 sub§11

$2,678,659

$2,785,805

Depreciation on Buildings Other than Rental Housing in Excess of ADS

5102 sub§11

$1,753,421

$1,643,832

Exclusion of Capital Gains on Homes Sales

5102 sub§11

$17,469,421

$18,168,198

Exclusion of Interest on State & Local Rental- housing Bonds

5102 sub§11

$352,546

$366,648

Exclusion of Interest on State & Local Owner-housing Bonds

5102 sub§11

$1,175,154

$1,222,160

Deduction of Property Tax on Owner-occupied Homes

5102 sub§11

$19,794,306

$20,586,079

Deductibility of Mortgage Interest on Owner-occupied Homes

5102 sub§11

$35,895,044

$37,330,846

Permanent Exemption of Imputed Interest Rules

5102 sub§11

$352,546

$366,648

Deferral of Gain on Installment Sales

5102 sub§11

$1,762,730

$1,833,240

Completed Contract Rules

5102 sub§11

$235,031

$244,432

Exclusion of Interest on State & Local Small Issue Bonds

5102 sub§11

$522,290

$543,182

Additional Standard Deduction for the Blind & the Elderly

5102 sub§11

$3,164,579

$3,291,162

Parental Personal Exemption for Students Age 19 to 23

5102 sub§11

$1,472,142

$1,531,028

Excl. of Vets. Disability Comp., Veterans Pensions & G.I. Bill Benefits

5102 sub§11

$2,747,999

$2,857,919

Exclusion of Military Disability Benefits

5102 sub§11

$98,143

$102,069

Exclusion of Employee Awards

5102 sub§11

$99,096

$103,059

Deferral of Gain on Like-kind Exchanges

5102 sub§11

$2,232,792

$2,322,103

Excl. of Interest on State & Local Govt. Sewage, Water & Hazardous Waste Bonds

5102 sub§11

$98,143

$102,069

Employer-paid Transportation Benefits

5102 sub§11

$907,821

$944,134

Excl. of Interest on State & Local Govt. Bonds for Private Airports, Docks & Marine Facilities

5102 sub§11

$822,607

$855,512

Excl. of Interest on State & Local Govt. Bonds for Private Nonprofit Hospital Facilities

5102 sub§11

$147,214

$153,103

Excl. of Interest on State & Local Govt. IBDs for Energy Production Facilities

5102 sub§11

$98,143

$102,069

Local Government Fund Income Tax Expenditures

36 MRSA

FY'04

FY'05

Individual Income Tax Exemptions of Interest on U.S. Obligations

5122 sub§2 ¶A

$469,871

$488,666

Deduction for Social Security Benefits Taxable at Federal Level

5122 sub§2 ¶C

$1,700,509

$1,785,534

Deduction of Premiums Paid for Long-term Health Care Insurance

5122 sub§2 ¶L

$43,045

$45,197

Deduction for Contributions to a Capital Construction Fund

5122 sub§2 ¶I

A

A

Deduction for Qualified Withdrawal from Higher Education Account

5122 sub§2 ¶J

A

A

Deduction for Pension Income

5122 sub§2 ¶M

$735,392

$772,162

Deduction for Holocaust Victim Settlement Payments

5122 sub§2 ¶O

A

A

Itemized Deductions

5125

$3,471,886

$3,616,548

Income Tax Paid to Another Jurisdiction

5217-A

$1,233,493

$1,282,832

Income Tax Credit for Child Care Expense

5218

$174,180

$177,664

Retirement & Disability Tax Credit

5219-A

$208

$187

Income Taxes for Non-Maine Resident Servicemen

5142 sub§7

$182,514

$194,867

Exempt Assocs. & Trusts from Fed. Tax are Exempt from the ME Corp Inc. Tax

5162 sub§2

A

A

Credit for Income Taxes Paid Another State on an Estate or Trust

5165

A

A

Tax Credit on a Resident Trust

5214-A

A

A

Nonresident Trusts and Estates

5175

A

A

Corporate Income Tax Exemptions by U.S. Law

5200-A sub§2 ¶A

$761,090

$768,701

Exclusion for a Portion of the Dividends Received from Uncombined Affiliates

5200-A sub§2 ¶G

B

B

Double-weighted Sales Tax Apportionment Formula

5211

$131,807

$133,125

Single Sales Factor Apportionment for Mutual Fund Service Providers

5212

A

A

Jobs and Investment Tax Credit

5215

$57,471

$59,196

Maine Seed Capital Tax Credit

5216-B

$47,397

$49,293

Family Development Account Credit

5216-C

$1,115

$1,160

Employer-assisted Child Care Tax Credit

5217

A

A

Employer-provided Long-term Care Benefits Credit

5217-B

A

A

Forest Management Planning Tax Credit

5219-C

A

A

Solid Waste Reduction Investment Tax Credit

5219-D

A

A

Machinery & Equipment Investment Tax Credit

5219-E

$6,850

$1,027

Research Expense Tax Credit

5219-K

$13,940

$14,498

Super Research & Development Expense Tax Credit

5219-L

$44,735

$46,971

High-technology Investment Tax Credit

5219-M

$83,642

$86,987

Low-income Tax Credit

5219-N

B

B

Dependent Health Insurance Tax Credit

5219-O

A

A

Clean Fuel Vehicle Economic & Infrastructure Development Credit

5219-P

A

A

Educational Attainment Investment Tax Credit

5219-U

$45,756

$308,457

Recruitment Credit

5219-V

$5,084

$9,540

Quality Child Care Investment Credit

5219-Q

A

A

Credit for Rehabilitation of Historic Properties

5219-R

$8,364

$8,699

State Earned Income Tax Credit

5219-S

$79,235

$81,612

Above the Line Deduction for Education Expenses

5102 sub§11

$171,500

$172,213

Deduction for Unreimbursed Teacher Expenses

5102 sub§11

$5,589

$0

Net Exclusion of Pension Contributions & Earnings (Employer Plans)

5102 sub§11

$4,754,174

$5,005,186

Net Exclusion of Pension Contributions & Earnings (Ind. Retire. Plans)

5102 sub§11

$687,774

$808,260

Net Exclusion of Pension Contributions & Earnings (Keogh Plans)

5102 sub§11

$291,174

$301,215

Exclusion of Premiums on Accident and Disability Insurance

5102 sub§11

$120,486

$125,506

Excl. of Other Employee Benefits (Premiums on Group Term Life Insurance)

5102 sub§11

$125,506

$130,526

Deductibility of Casualty & Theft Losses

5102 sub§11

$11,088

$12,196

Exclusion of Untaxed Medicare Benefits

5102 sub§11

$1,245,021

$1,340,406

Deductibility of Medical Expenses

5102 sub§11

$446,943

$477,195

Excl. Contributions by Employers for Med. Insurance Premiums & Med. Care

5102 sub§11

$4,272,230

$4,608,587

Exclusion of Public Assistance Benefits

5102 sub§11

$160,648

$165,668

Expensing Multiperiod Timber Growing Costs

5102 sub§11

$11,296

$12,551

Expensing of Exploration & Development Costs of Nonfuel Minerals

5102 sub§11

A

A

Excess of Percentage over Cost Depletion, Nonfuel Minerals

5102 sub§11

$4,004

$4,164

Excess of Percentage over Cost Depletion

5102 sub§11

$37,222

$38,711

Deferral of Income of Controlled Foreign Corporations

5102 sub§11

$54,703

$56,891

Expensing of Research & Development Expenditures

5102 sub§11

$105,946

$110,184

Exclusion of Benefits & Allowances to Armed Forces Personnel

5102 sub§11

$134,584

$139,967

Exclusion of Income of Foreign Sales Corporations

5102 sub§11

$70,065

$72,868

Exclusion of Income Earned Abroad by U.S. Citizens

5102 sub§11

$161,501

$167,961

Expensing of Exploration & Development Costs

5102 sub§11

A

A

Exclusion of Workers' Compensation Benefits

5102 sub§11

$204,568

$212,750

Deductibility of Charitable Contributions

5102 sub§11

$1,241,300

$1,325,319

Exclusion for Employer- provided Child Care

5102 sub§11

$43,067

$44,790

Exclusion for Certain Foster Care Payments

5102 sub§11

$32,300

$33,592

Expensing Costs of Removing Architectural Barriers

5102 sub§11

$5,979

$6,218

Exclusion of Cafeteria Plans

5102 sub§11

$753,671

$783,817

Exclusion of Employees' Meals and Lodging (Other Than Military)

5102 sub§11

$48,450

$50,388

Employee Stock Ownership Plans (ESOPs)

5102 sub§11

$64,460

$67,038

Exclusion of Rental Allowances of Ministers' Home

5102 sub§11

$21,743

$22,612

Exclusion of Miscellaneous Fringe Benefits

5102 sub§11

$323,002

$335,922

Exclusion of Interest on State & Local Government Student Loan Bonds

5102 sub§11

$21,533

$22,395

Exclusion of Scholarship and Fellowship Income

5102 sub§11

$76,678

$79,745

Deduction for Interest on Student Loans

5102 sub§11

$32,300

$33,592

Deferral of Tax on Earnings of Qualified State Tuition Programs

5102 sub§11

$10,767

$11,197

Excl. Int. on State & Local Govt. Bonds for Private Nonprofit Educational Fac.

5102 sub§11

$53,834

$55,987

Deductibility of Other State & Local Taxes

5102 sub§11

$178,817

$185,970

Deduction of Self- employed Health and L-T Care Insurance Premiums

5102 sub§11

$306,686

$318,954

Exclusion of Capital Gains at Death

5102 sub§11

$3,009,708

$3,130,097

Expensing Depreciable Business Property

5102 sub§11

$42,123

$30,088

Amortization of Business Start-up Costs

5102 sub§11

$32,300

$33,592

Depreciation on Equipment in Excess of Alternative Depreciation System

5102 sub§11

$3,210,103

$3,338,507

Depreciation of Rental Housing in Excess of Alternative Depreciation System

5102 sub§11

$146,931

$152,808

Depreciation on Buildings Other than Rental Housing in Excess of ADS

5102 sub§11

$96,179

$90,168

Exclusion of Capital Gains on Homes Sales

5102 sub§11

$958,238

$996,568

Exclusion of Interest on State & Local Rental-housing Bonds

5102 sub§11

$19,338

$20,111

Exclusion of Interest on State & Local Owner-housing Bonds

5102 sub§11

$64,460

$67,038

Deduction of Property Tax on Owner-occupied Homes

5102 sub§11

$1,085,764

$1,129,194

Deductibility of Mortgage Interest on Owner-occupied Homes

5102 sub§11

$1,968,926

$2,047,684

Permanent Exemption of Imputed Interest Rules

5102 sub§11

$19,338

$20,111

Deferral of Gain on Installment Sales

5102 sub§11

$96,690

$100,557

Completed Contract Rules

5102 sub§11

$12,892

$13,408

Exclusion of Interest on State & Local Small Issue Bonds

5102 sub§11

$28,649

$29,795

Additional Standard Deduction for the Blind & the Elderly

5102 sub§11

$173,584

$180,528

Parental Personal Exemption for Students Age 19 to 23

5102 sub§11

$80,750

$83,980

Excl. of Vets. Disability Comp., Veterans Pensions & G.I. Bill Benefits

5102 sub§11

$150,734

$156,763

Exclusion of Military Disability Benefits

5102 sub§11

$5,383

$5,599

Exclusion of Employee Awards

5102 sub§11

$5,436

$5,653

Deferral of Gain on Like-kind Exchanges

5102 sub§11

$122,474

$127,373

Excl. of Interest on State & Local Govt. Sewage, Water & Hazardous Waste Bonds

5102 sub§11

$5,383

$5,599

Employer-paid Transportation Benefits

5102 sub§11

$49,796

$51,788

Excl. of Interest on State & Local Govt. Bonds for Private Airports, Docks & Marine Facilities

5102 sub§11

$45,122

$46,927

Excl. of Interest on State & Local Govt. Bonds for Private Nonprofit Hospital Facilities

5102 sub§11

$8,075

$8,398

Excl. of Interest on State & Local Govt. IBDs for Energy Production Facilities

5102 sub§11

$5,383

$5,599

CODE

TAX LOSS

A

$0 - 49,999

B

$50,000 - 249,999

C

$250,000 - 999,999

D

$1,000,000 - 2,999,999

E

$3,000,000 - 5,999,999

F

$6,000,000 or more

Revisor of Statutes Homepage Subject Index Search 121st Laws of Maine Maine Legislature

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