36 §5219-WW. Credit for affordable housing
§5219-WW. Credit for affordable housing 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Affordable housing project” means a qualified low-income housing project, as defined by Section 42(g) of the Code, located in the State. [PL 2019, c. 555, §6 (NEW).] B. […]
36 §5219-XX. Renewable chemicals tax credit
§5219-XX. Renewable chemicals tax credit 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Biobased content” means the total mass of organic carbon derived from renewable biomass, expressed as a percentage, determined by testing representative samples using the ASTM International D6866 standard test […]
36 §5219-YY. Credit for paper manufacturing facility investment
§5219-YY. Credit for paper manufacturing 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 2021, c. 482, §3 (NEW); […]
36 §5219-ZZ. Access to justice credit (REALLOCATED FROM TITLE 36, SECTION 5219-YY)
§5219-ZZ. Access to justice credit (REALLOCATED FROM TITLE 36, SECTION 5219-YY) 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Court” means the Supreme Judicial Court or its designee. [PL 2021, c. 473, §2 (NEW); RR 2021, c. 1, Pt. A, §48 […]
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 […]