The bill clarifies the calculation of the credit for child care expenses by part-year residents. The changes conform to current agency practice. The bill also deletes superfluous verbiage.

The bill clarifies the calculation of the retirement and disability credit by part-year residents. The changes conform to current agency practice.

The bill makes it clear that the $2,000 income limit for the low-income credit applies to an individual's entire taxable income as determined for resident individuals regardless of whether the taxpayer was a Maine resident for the entire year.

The bill clarifies the circumstances under which a taxpayer may be granted an extension of time to file an individual or fiduciary income tax return.

The bill establishes an automatic extension of time to file an individual or fiduciary income tax return equivalent to the federal extension. These changes provide a statutory basis for policies that have been implemented administratively.

The bill repeals a redundant provision relating to the collection of income tax debts owed by nonresidents. The powers granted to the State Tax Assessor by this provision are included in the general provisions of the tax laws.

The bill amends the business equipment tax reimbursement statutes to provide that business equipment tax reimbursement is available, and limited to, a successor in interest that owns eligible business property on August 1st of the year in which a claim may be made.

The bill repeals a law that requires adoption of a rule for the elderly low-cost drug program to allow consideration of an applicant's change in income from the prior year. As of January 1, 2003, the elderly low-cost drug program is being administered by the Department of Human Services under the laws that govern the Healthy Maine Prescription Program, which determines eligibility based on the current income of the applicant. Repealing this law will allow the Bureau of Revenue Services to repeal the rule that is no longer applicable.