2-C.__Annual resale certificates; contents; presentation to vendor.__The assessor shall annually review the status of each retailer registered under this section.__On or before December 31st of each year, the assessor shall issue to each registered retailer with gross sales of $10,000 or more during the 12 months preceding the assessor's review an annual resale certificate effective for the next succeeding calendar year.__Each certificate must contain the name and address of the retailer, the expiration date of the certificate and the certificate number.__If a vendor has a true copy of a retailer's resale certificate on file, that retailer need not present the certificate for each subsequent transaction with that vendor during the calendar year for which it is valid.

Sec. AAA-3. 36 MRSA §1811-B is enacted to read:

§1811-B.__Credit for tax paid on purchases for resale

A retailer registered under section 1754-B may claim a credit for sales tax imposed by chapters 211 to 225 if the retailer has paid the sales tax on an item that it subsequently resells.__The credit may be claimed only on the return on which the sale of the item is reported.__The credit must be claimed on a return filed within 5 years from the date on which the retailer purchased the item and may not be claimed if the item was used by the retailer prior to its sale.

Sec. AAA-4. PL 2003, c. 20, Pt. B, §1, under the caption "ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF" in the 3rd part designated "Revenue Services - Bureau of 0002" is amended to read:

Revenue Services - Bureau of 0002

Initiative: Provides for the appropriation of Personal Services and All Other funds to establish one limited-period Tax Section Manager position, one limited-period Tax Enforcement Officer position, one limited-period Senior Tax Examiner position, 2 limited-period Senior Revenue Agent positions, one limited-period