36 §5219-JJ. Maine capital investment credit for 2013 (REALLOCATED FROM TITLE 36, SECTION 5219-II)
§5219-JJ. Maine capital investment credit for 2013 (REALLOCATED FROM TITLE 36, SECTION 5219-II) 1. Credit allowed. A taxpayer that claims a depreciation deduction under the Code, Section 168(k) for property placed in service in the State during the taxable year beginning in 2013 is allowed a credit against the taxes imposed by this Part in […]
36 §5219-KK. Property tax fairness credit for tax years beginning on or after January 1, 2014
§5219-KK. Property tax fairness credit for tax years beginning on or after January 1, 2014 For tax years beginning on or after January 1, 2014, a Maine resident individual is allowed a property tax fairness credit as computed under this section against the taxes imposed under this Part. [PL 2013, c. 551, §3 (NEW).] […]
36 §5219-LL. Primary care access credit (REALLOCATED FROM TITLE 36, SECTION 5219-KK)
§5219-LL. Primary care access credit (REALLOCATED FROM TITLE 36, SECTION 5219-KK) 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Eligible primary care professional” means a person licensed under Title 32, chapter 31, subchapter 3 or subchapter 4; Title 32, chapter 36, subchapter […]
36 §5219-MM. Maine capital investment credit for 2014
§5219-MM. Maine capital investment credit for 2014 1. Credit allowed. A taxpayer that claims a depreciation deduction under the Code, Section 168(k) for property placed in service in the State during the taxable year beginning in 2014 is allowed a credit against the taxes imposed by this Part in an amount equal to 9% of […]
36 §5219-NN. Maine capital investment credit for 2015 and after
§5219-NN. Maine capital investment credit for 2015 and after 1. Credit allowed. A taxpayer that claims a depreciation deduction under the Code, Section 168(k) for property placed in service in the State during a taxable year that begins on or after January 1, 2015 and before January 1, 2020 is allowed a credit as follows: […]
36 §5219-OO. Credit for disability income protection plans in the workplace
§5219-OO. Credit for disability income protection plans in the workplace 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Disability income protection plan” or “plan” has the same meaning as in Title 24‑A, section 2804‑B. [PL 2017, c. 211, Pt. D, §9 […]
36 §5219-PP. Credit for certain homestead modifications
§5219-PP. Credit for certain homestead modifications 1. Credit allowed. An individual with federal adjusted gross income not exceeding $55,000 who makes qualified expenditures for the purpose of making all or any portion of an existing homestead, as defined in section 5219‑II, subsection 1, paragraph C, accessible to an individual with a disability or physical hardship […]
36 §5219-QQ. Credit for major business headquarters expansions
§5219-QQ. Credit for major business headquarters expansions 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Certified applicant” means a qualified applicant that has received a certificate of approval from the commissioner pursuant to this section. [PL 2017, c. 297, §2 (NEW).] […]
36 §5219-RR. Tax credit for Maine shipbuilding facility investment
§5219-RR. Tax credit for Maine shipbuilding facility investment 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Certified applicant” means a qualified applicant that has received a certificate of approval from the commissioner pursuant to this section. [PL 2017, c. 361, §2 […]
36 §5219-SS. Dependent exemption tax credit
§5219-SS. Dependent exemption tax credit 1. Resident taxpayer. A resident individual is allowed a credit against the tax otherwise due under this Part equal to $300 for each qualifying child and dependent of the taxpayer for whom the federal child tax credit pursuant to the Code, Section 24 was claimed for the same taxable year. […]