36 §5219-K. Research expense tax credit
§5219-K. Research expense tax credit 1. Credit allowed. A taxpayer is allowed a credit against the tax due under this Part equal to the sum of 5% of the excess, if any, of the qualified research expenses for the taxable year over the base amount and 7.5% of the basic research payments determined under the […]
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 §5218-A. Income tax credit for adult dependent care expenses
§5218-A. Income tax credit for adult dependent care expenses 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Adult day care” has the same meaning as in Title 22, section 6202, subsection 1. [PL 2015, c. 340, §4 (NEW); PL 2015, c. […]
36 §5219-O. Credit for dependent health benefits paid
§5219-O. Credit for dependent health benefits paid 1. Credit allowed. A taxpayer constituting an employing unit that employs fewer than 5 employees 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 subsections 3 and 4. The credit equals the […]
36 §5219. Income tax credit for installation of renewable energy systems (REPEALED)
§5219. Income tax credit for installation of renewable energy systems (REPEALED) SECTION HISTORY PL 1987, c. 504, §32 (NEW). PL 1989, c. 502, §B61 (RPR).