| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. 36 MRSA §1754-B, sub-§4 is enacted to read: |
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| | 4.__Collection allowance.__A person required to register | pursuant to this section that collects and remits taxes in | accordance with the provisions of this Part may deduct and retain | a portion of those taxes as a collection allowance for the | purpose of reimbursing that person for collecting taxes, keeping | records, preparing and filing returns, remitting taxes and | supplying data to the Maine Revenue Services on request. |
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| A.__A collection allowance deducted and retained by a person | pursuant to this subsection may equal up to 2.5% of the | taxes collected by that person during the reporting period | but may not exceed $50 per month per business.__If a | business registered pursuant to this section has more than | one location, only one of the affiliated businesses may | qualify for the collection allowance.__For purposes of this | paragraph an "affiliated business" is one that is owned by | the same person or entity. |
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| B.__The collection allowance does not apply to taxes | collected by a state, county or municipal agency. |
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| | This bill permits persons that are required to register under | Maine's sales and use tax law to deduct and retain an amount | equal to up to 2.5% of the sale and use taxes they collect, but | not exceeding $50 per month per affiliated business, as | reimbursement for the expenses they incur in the collection of | sales and use taxes on behalf of the State. |
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