Sec. 1. 36 MRSA §2525, sub-§1, as amended by PL 1999, c. 521, Pt. C, §1 and affected by §9, is further amended to read:

1. Credit. A taxpayer under this chapter constituting an employing unit is allowed a credit against the tax imposed by this chapter for each taxable year that begins on or after July 10, 1989 and before January 1, 2000 equal to the lowest of the following:

A. Five thousand dollars;

B. Twenty percent of the costs incurred by the taxpayer in providing long-term care policy coverage as part of a benefit package; or

C. One hundred dollars for each employee covered by an employer-provided long-term care policy.

Sec. 2. 36 MRSA §2525-A, as enacted by PL 1999, c. 521, Pt. C, §2 and affected by §9, is repealed.

Sec. 3. 36 MRSA §5122, sub-§2, ¶G, as amended by PL 1999, c. 521, Pt. C, §3 and affected by §9, is further amended to read:

G. For income tax years commencing on or after January 1, 1989 and before January 1, 2000, an amount equal to the total premiums spent for insurance policies for long-term care that have been certified by the Superintendent of Insurance as complying with Title 24-A, chapter chapters 68 and 68-A;

Sec. 4. 36 MRSA §5122, sub-§2, ¶L, as amended by PL 1999, c. 708, §35 and c. 731, Pt. S, §2 and affected by §4 and amended by c. 790, Pt. A, §49, is repealed.

Sec. 5. 36 MRSA §5217-B, sub-§1, as amended by PL 1999, c. 521, Pt. C, §7 and affected by §9, is further amended to read:

1. Credit. A taxpayer constituting an employing unit is allowed a credit against the tax imposed by this Part for each taxable year that begins on or after July 10, 1989 and before January 1, 2000 equal to the lowest of the following:

A. Five thousand dollars;

B. Twenty percent of the costs incurred by the taxpayer in providing long-term care policy coverage as part of a benefit package; or