LD 1571, Page 17 - 121th Legislature, FIRST REGULAR Session

	A resident individual is allowed a credit against the tax
otherwise due under this Part, excluding the tax imposed by
section 5203-A, for the amount of income tax imposed on that
individual for the taxable year by another state of the United
States, a political subdivision of any such state, the District
of Columbia or any political subdivision of a foreign country
that is analogous to a state of the United States with respect to
income subject to tax under this Part that is derived from
sources in that taxing jurisdiction ~~also subject to tax under~~
~~this Part~~. In determining whether income is derived from sources
in another jurisdiction, the assessor may not employ the law of
the other jurisdiction but shall instead assume that a statute
equivalent to section 5142 applies in that jurisdiction. The
credit, for any of the specified taxing jurisdictions, may not
exceed the proportion of the tax otherwise due under this Part,
excluding the tax imposed by section 5203-A, that the amount of
the taxpayer's Maine adjusted gross income derived from sources
in that taxing jurisdiction bears to the taxpayer's entire Maine
adjusted gross income; ~~provided~~ except that, when a credit is
claimed for taxes paid to both a state and a political
subdivision of a state, the total credit allowable for those
taxes does not exceed the proportion of the tax otherwise due
under this Part, excluding the tax imposed by section 5203-A,
that the amount of the taxpayer's Maine adjusted gross income
derived from sources in the other state bears to the taxpayer's
entire Maine adjusted gross income.

Sec. 50. 36 MRSA §5218, as repealed and replaced by PL 2001, c.
396, §38, is amended to read:

§5218. Income tax credit for child care expenses

1. Resident taxpayer. A resident individual is allowed a
credit against the tax otherwise due under this Part in the
amount of 25% of the federal tax credit allowable for child and
dependent care expenses in the same tax year.

2. Nonresident taxpayer. A nonresident ~~or part-year resident~~
individual is allowed a credit against the tax otherwise due
under this Part in the amount of 25% of the federal tax credit
allowable for child and dependent care expenses multiplied by the
ratio of the individual's Maine adjusted gross income, as defined
in section 5102, subsection 1-C, paragraph B, to the
~~nonresident's~~ individual's entire federal adjusted gross income,
as modified by section 5122.

2-A.__Part-year resident taxpayer.__An individual who files a
return as a part-year resident in accordance with section 5224-A
is allowed a credit against the tax otherwise due under this Part
in the amount of 25% of the federal tax credit

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