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if that individual were a nonresident individual, except that | the numerator of the apportionment ratio shall be comprised of | | comprises the individual's Maine adjusted gross income, as | | defined in section 5102, subsection 1-C, paragraph A, for the | | portion of the taxable year during which that individual was a | resident, | | defined in section 5102, subsection 1-C, paragraph B, for the | | portion of the taxable year during which that individual was a | nonresident. The part-year resident shallbe | | the credit provided by section 5217-A, computed as if the | | individual's Maine adjusted gross income for the entire year | wereofwhich | | the portion of the year during which that individual was a | | resident. |
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| | | Sec. 10. 36 MRSA §5250, sub-§2, as amended by PL 1997, c. 668, §§36 | | and 37, is repealed. |
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| | | Sec. 11. 36 MRSA c. 841, as amended, is repealed. |
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| | | Sec. 12. Application. This Act applies to tax years beginning on | | or after January 1, 2004. |
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| | | This bill changes the existing graduated income tax program | | into a flat tax rate for income tax, effective for tax years | | beginning on or after January 1, 2004. |
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