36 §5217-E. Student Loan Repayment Tax Credit
§5217-E. Student Loan Repayment Tax Credit 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Accredited community college, college or university” means an institution of higher education that is accredited by a regional accrediting association or by one of the specialized accrediting agencies […]
36 §5219-L. Super credit for substantially increased research and development
§5219-L. Super credit for substantially increased research and development 1. Super credit allowed for substantial expansions of research and development. For tax years beginning before January 1, 2014, a taxpayer that qualifies for the research expense tax credit allowed under section 5219‑K is allowed an additional credit against the tax due under this Part equal […]
36 §5217-F. Employer support for volunteer firefighters and volunteer municipal emergency medical services persons
§5217-F. Employer support for volunteer firefighters and volunteer municipal emergency medical services persons For tax years beginning on or after January 1, 2022, an employer who employs an individual who is a volunteer firefighter, as defined in Title 30‑A, section 3151, subsection 4, or a volunteer municipal emergency medical services person and who permits that […]
36 §5219-M. High-technology investment tax credit
§5219-M. High-technology investment tax credit 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “High-technology activity” means: (1) The design, creation and production of computer software, computer equipment, supporting communications components and other accessories that are directly associated with computer software and […]
36 §5218. Income tax credit for child care expenses
§5218. Income tax credit for child care expenses 1. Resident taxpayer. A resident individual is allowed a credit against the tax otherwise due under this Part in the amount of 25% of the federal tax credit allowable for child and dependent care expenses in the same tax year, except that for tax years beginning in […]
36 §5219-N. Low-income tax credit (REPEALED)
§5219-N. Low-income tax credit (REPEALED) SECTION HISTORY PL 1997, c. 557, §E1 (NEW). PL 1997, c. 557, §§E2,G1 (AFF). PL 2003, c. 390, §48 (AMD). PL 2003, c. 673, §JJ5 (AMD). PL 2003, c. 673, §JJ6 (AFF). PL 2013, c. 331, Pt. C, §35 (RP). PL 2013, c. 331, Pt. C, §40 (AFF).
36 §5214. Legislative findings and purpose (REPEALED)
§5214. Legislative findings and purpose (REPEALED) SECTION HISTORY PL 1977, c. 722 (NEW). PL 1981, c. 364, §68 (RP).
36 §5214-A. Credit to beneficiary for accumulation distribution
§5214-A. Credit to beneficiary for accumulation distribution 1. General. A beneficiary of a trust whose adjusted gross income includes all or part of an accumulation distribution by that trust, as defined in the Code, Section 665, or its equivalent, shall be allowed a credit against the tax otherwise due under this Part for all or […]
36 §5215. Jobs and investment tax credit
§5215. Jobs and investment tax credit 1. Credit allowed. A taxpayer, other than a public utility as defined by Title 35‑A, section 102, is allowed a credit to be computed as provided in this section against the tax imposed by this Part, subject to the limitations contained in subsection 3. The amount of the credit […]
36 §5216. Credit for investment in The Maine Capital Corporation or the Maine Natural Resource Capital Company (REPEALED)
§5216. Credit for investment in The Maine Capital Corporation or the Maine Natural Resource Capital Company (REPEALED) SECTION HISTORY PL 1981, c. 364, §70 (NEW). PL 1983, c. 519, §§26,27 (AMD). PL 1983, c. 700, §§5,6 (AMD). PL 1985, c. 344, §98 (AMD). PL 1985, c. 714, §§41-43 (AMD).