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Financial Services shall review the current organizational | | structure of administrative hearings units and the proceedings | | conducted by those units to improve organizational efficiency and | | cost effectiveness, including but not limited to adjudicatory | | proceedings conducted pursuant to the Maine Revised Statutes, Title | | 5, chapter 375, subchapter 4; workers' compensation proceedings | | conducted pursuant to Title 39-A, chapter 7, subchapter 1; other | | due process hearings; and licensing disciplinary proceedings. The | | commissioner shall inform the State Budget Officer of the amount of | | savings from the improvements identified and implemented as a | | result of the review. Notwithstanding any other provision of law, | | the State Budget Officer shall transfer the amounts by financial | | order upon approval of the Governor. These transfers are considered | | adjustments to appropriations and allocations in fiscal years 2005- | | 06 and 2006-07. |
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| | | Sec. L-1. 36 MRSA §5122, sub-§1, ¶V, as amended by PL 2003, c. 705, §8, | | is further amended to read: |
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| | V. For tax years beginning on or after January 1, 2003 and | before January 1, 2006, the amount claimed as a federal | | income adjustment for student loan interest under the Code, | | Section 62 (a)(17), but only for interest paid after 60 | months from the start of the loan repayment period; and |
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| | | Sec. L-2. 36 MRSA §5218, sub-§1, as amended by PL 2003, c. 20, Pt. FF, | | §1, is further amended to read: |
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| | | 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, except that for tax | years beginning in 2003, 2004 and 2005 after 2002, the applicable | | percentage is 21.5% instead of 25%. |
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| | | Sec. L-3. 36 MRSA §5218, sub-§2, as amended by PL 2003, c. 391, §10, | | is further amended to read: |
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| | | 2. Nonresident or part-year resident taxpayer. A nonresident | | 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 individual's | | entire federal adjusted gross income, as modified by section | | 5122, | except that for tax years beginning in |
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