Sec. 1. 36 MRSA §6652, sub-§1-D is enacted to read:

1-D.__Certain property first placed in service after April 1, 2000 excluded.__Notwithstanding any other provision of law, reimbursement pursuant to this chapter may not be made with respect to property first placed in service after April 1, 2000 that is used primarily for providing food and lodging to more than 50 people.

SUMMARY

This bill exempts certain property used primarily for providing food and lodging from reimbursement under the business equipment tax reimbursement, or "BETR," program.