PART D

Part D adopts federal law in effect prior to the Economic Growth Tax Relief Reconciliation Act of 2001 for the Maine estate tax for decedents dying after 2004. The bill does not address estates of decedents dying in 2010 when the federal estate tax is fully repealed, for that year only, along with the federal determination of the value of the estate, upon which Maine relies in its determination of the Maine estate tax.

PART E

Part E repeals the minimum taxability thresholds for nonresident taxpayers.

PART F

Part F disallows the use of Maine credits against the Maine minimum tax for tax years beginning after 2003.

PART G

Part G establishes criteria to disqualify certain tax- motivated lease transactions from the credit transfer provisions of the high-technology investment tax credit.

PART H

Part H lapses $36,000 in the Pollution Control Structures General Fund account in the Department of Agriculture, Food and Rural Resources to the unappropriated surplus of the General Fund in fiscal year 2003-04.

PART I

Part I does the following.

1. It amends the law as it relates to rulemaking for access to home health care.

2. It amends the law on principles of reimbursement to permit the establishment of cost caps in the intermediate care facilities for the mentally retarded program.

3. It amends the law to allow the Commissioner of Behavioral and Developmental Services to establish a retail store at the Riverview Psychiatric Center with a nonlapsing account for the funds associated with the retail store operation.