Part K requires the Commissioner of Administrative and Financial Services to review the organizational structure of administrative hearings units to improve efficiency and cost- effectiveness. The savings identified by the commissioner must be transferred by the State Budget Officer. These transfers are considered adjustments to appropriations and allocations in fiscal years 2005-06 and 2006-07.

PART L

Part L extends beyond 2005 the reduced Maine rate of 21.5% applicable against the federal child care credit for purposes of calculating the Maine child care credit amount in order to negate the effect of the federal extension beyond 2005 of the expanded credit for child care expenses.

PART M

Part M ensures the inclusion of Maine property held by pass- through entities owned by nonresident decedents in the determination of Maine taxable estates.

PART N

Part N allows for a special estate tax election at the state level so that the estate of an individual with a surviving spouse may fully fund the taxable estate with an amount equal to the federal exclusion without changing the taxable nature of the estate for Maine purposes.

PART O

Part O clarifies that casual rentals of living quarters are subject to the Maine sales tax as of January 1, 2006.

PART P

Part P does the following.

It amends the definition of "Code" to mean the Internal Revenue Code of 1986 as amended through December 31, 2004.

It extends beyond 2005 Maine's nonconformity with federal increases in Section 179 expense deductions under the Internal Revenue Code in order to negate the recent federal extension of those increases beyond 2005. This applies to both individual and corporate taxpayers.