D.__Property employed by the person in possession of that property either in a retail sales facility or employed predominantly in the support of such a facility.__Property employed in support of a retail sales facility does not include property employed predominantly in one or more qualified services or in one or more of the services listed in section 6651, subsection 6, paragraphs A to D by any person, or in any activity in support of or the business activity of that person related to such qualified services or listed services.

This subsection applies Paragraphs A and B apply to property tax years beginning after April 1, 1996. Property affected by this subsection paragraphs A and B that was eligible for reimbursement pursuant to chapter 915 of property taxes paid for the 1996 property tax year is grandfathered into the program and continues to be eligible for reimbursements for up to 12 property tax years, unless it subsequently becomes ineligible. Paragraphs C and D apply to property tax years beginning after April 1, 2003.__Property affected by paragraphs C and D that was eligible for reimbursement under this chapter for property taxes paid for the 2003 property tax year is grandfathered into the program and continues to be eligible for reimbursement to the extent permitted by this chapter as that property existed on April 1, 2003, unless it subsequently becomes ineligible.__Property used in the provision of a nonqualified service or in support of the provision of a nonqualified service, and property used in a retail sales facility or in support of a retail sales facility, includes, without limitation, property used in management, marketing, purchasing, distribution, accounting and research and development.

SUMMARY

Part A affects the Maine Residents Property Tax Program, the so-called "circuit breaker program," by:

1. Reducing the tax-to-income threshold initially to 3%, phasing in an additional decrease of .5% over a 4-year period;