| SPONSOR: |
| LR 2611 | ACCEPTED DATE: 2005-11-28 |
| An Act To Clarify the Taxable Status of Lobster Traps |
| SUMMARY |
| This bill would make the taxing of lobster traps optional.
|
| LR 2611 | ACCEPTED DATE: 2005-11-28 |
| An Act To Clarify the Taxable Status of Lobster Traps |
| SUMMARY |
| This bill would make the taxing of lobster traps optional.
|
| SPONSOR: |
| LR 2695 | ACCEPTED DATE: 2005-10-27 |
| An Act To Encourage Energy Independence for Maine |
| SUMMARY |
| This bill would create a tax credit for companies that make biofuels. The bill would also create a tax credit for companies, manufacturers and supplies of renewable energy or green-based products. The bill would establish a hot line for contributions to supplement the LIHEAP program and also allocate $20 million from the General Fund to supplement the LIHEAP program. |
| SPONSOR: |
| LR 2802 | ACCEPTED DATE: 2005-10-27 |
| An Act To Clarify the Taxable Status of Processing Fees Charged in Connection with Cancelled Lodging Reservations |
| SUMMARY |
| This bill would clarify the sales tax law to specifically state that processing fees or forfeited advanced deposits held by an innkeeper in connection with a cancelled lodging reservation or the failure of a guest to show on the day of arrival are not subject to sales tax. |
| SPONSOR: |
| LR 2653 | ACCEPTED DATE: 2005-10-27 |
| An Act To Amend the Laws Governing the Assessment of Property Taxes in the Event of a Change of Ownership of the Property |
| SUMMARY |
| This bill would require the tax assessor to change the records once notice of a change in ownership of real property is received. Additionally this bill would exempt the previous property owner from liability for any taxes incurred after the change in ownership as long as the previous property owner provides certain information, such as a copy of the executed deed, to the assessor. |
| SPONSOR: |
| LR 2537 | ACCEPTED DATE: 2005-10-27 |
| An Act To Provide Additional Property Tax Relief to Maine Citizens |
| SUMMARY |
| This bill would require municipalities to use 90% of the increased state funding for education for property tax relief beginning in fiscal year 2006-07.
|
| SPONSOR: |
| LR 2637 | ACCEPTED DATE: 2005-10-27 |
| An Act To Exempt Snow Grooming Equipment and Machinery from the Personal Property Tax |
| SUMMARY |
| This bill would exempt snow grooming equipment and machinery from the personal property tax. |
| SPONSOR: |
| LR 2975 | ACCEPTED DATE: 2005-10-27 |
| An Act To Promote College Savings Accounts |
| SUMMARY |
| This bill would treat all out-of-state 529 plans the same as Maine's 529 plan for the purposes of taxation. |
| SPONSOR: |
| LR 2888 | ACCEPTED DATE: 2005-10-27 |
| An Act To Adjust the Excise Tax Filing Schedule for Wine and Beer Producers |
| SUMMARY |
| This bill would change the excise tax filing schedule for wine producers to coincide with the sales tax schedule. |
| SPONSOR: |
| LR 2686 | ACCEPTED DATE: 2005-10-27 |
| An Act To Clarify Municipal Valuations of Resort Property
|
| SUMMARY |
| This bill would require that time share valuations for tax purposes be based on a building's value as if the unit were owned by a single taxpayer. |
| SPONSOR: |
| LR 2798 | ACCEPTED DATE: 2005-10-27 |
| An Act To Strengthen Maine's Craft Brewing Industry |
| SUMMARY |
| This bill would create tax incentives for craft breweries to increase their exports of malt beverages and would create a new license for contract brewers. |
| SPONSOR: |
| LR 2724 | ACCEPTED DATE: 2005-11-28 |
| An Act To Conserve Energy in Maine Homes
|
| SUMMARY |
| This bill would restore funding to the Maine State Housing Authority from the real estate transfer tax to be used to weatherize the homes of Maine residents to reduce energy consumption. |
| SPONSOR: |
| LR 2528 | ACCEPTED DATE: 2005-10-27 |
| An Act To Establish a Refundable Historic Rehabilitation Credit
|
| SUMMARY |
| This bill would allow a refundable historic rehabilitation credit to a developer that owns 2 or more structures located in the Kennebec Arsenal District National Historic Landmark. The refundable credit is limited to $500,000 per year and is allowed only for 4 consecutive tax years beginning in 2006.
|
| SPONSOR: |
| LR 2982 | ACCEPTED DATE: 2005-10-27 |
| An Act To Ensure Continued Viability of Affordable Housing
|
| SUMMARY |
| This bill would clarify that intangible assets should not be taken into account in the assessment of affordable housing projects financed with the federal Low-income Housing Tax Credit. |
| SPONSOR: |
| LR 2812 | ACCEPTED DATE: 2005-10-27 |
| An Act To Exempt Vegetable Seeds for Home Gardens from the Sales Tax |
| SUMMARY |
| This bill would repeal the tax on vegetable seeds for home gardens. |
| SPONSOR: |
| LR 2749 | ACCEPTED DATE: 2005-10-27 |
| An Act To Eliminate the Double Taxation of Motor Fuels
|
| SUMMARY |
| This bill would allow consumers to apply for a rebate for fuel taxes for miles traveled on the Maine Turnpike.
|
| LR 2752 | ACCEPTED DATE: 2005-10-27 |
| An Act To Encourage New Businesses and Business Expansions in Maine |
| SUMMARY |
| This bill would exempt from the personal property tax business machinery and equipment and replace the Business Tax Reimbursement program with a reimbursement to municipalities currently receiving revenues from the personal property tax on business equipment. |
| SPONSOR: |
| LR 2965 | ACCEPTED DATE: 2005-10-27 |
| An Act To Amend the Laws Governing the Excise Tax on New Automobiles |
| SUMMARY |
| This bill would amend the laws governing the excise tax on new automobiles. |
| SPONSOR: |
| LR 2666 | ACCEPTED DATE: 2005-10-27 |
| An Act To Clarify the Qualifications for the Maine Residents Property Tax Program |
| SUMMARY |
| This bill would allow residents who rent out their property to qualify for the Maine Residents Property Tax Program if they rent out the property for less than one month per year.
|
| SPONSOR: |
| LR 2882 | ACCEPTED DATE: 2005-10-27 |
| An Act To Establish Guidelines and Criteria for Maine Revenue Services Audits |
| SUMMARY |
| This bill would establish guidelines and criteria for Maine Revenue Service audits. |