In the case of property expensed pursuant to Section 179 of the Code, the term "recovery period" means the recovery period that would have been applicable to the property had Section 179 not been applied; and

Sec. E-5. 36 MRSA §5122, sub-§2, ¶T, as amended by PL 2003, c. 705, §12 and affected by §14, is further amended to read:

T. For income tax years beginning on or after January 1, 2002 and before January 1, 2004, an amount equal to the total premiums spent for long-term care insurance policies certified under Title 24-A, section 5075-A as long as the amount subtracted is reduced by the long-term care premiums claimed as an itemized deduction pursuant to section 5125.

For income tax years beginning on or after January 1, 2004, an amount equal to the total premiums spent for qualified long-term care insurance contracts certified under Title 24- A, section 5075-A, as long as the amount subtracted is reduced by any amount claimed as a deduction for federal income tax purposes in accordance with the Code, Section 162(l) and by the long-term care premiums claimed as an itemized deduction pursuant to section 5125.; and

Sec. E-6. 36 MRSA §5122, sub-§2, ¶U is enacted to read:

U. For income tax years beginning on or after January 1, 2006, an amount equal to the total premium paid for health insurance for the taxable year.

PART F

Sec. F-1. 2 MRSA c. 5, as amended, is repealed.

Sec. F-2. 5 MRSA §12004-I, sub-§31-A, as enacted by PL 2003, c. 469, Pt. B, §2, is repealed.

Sec. F-3. 22 MRSA c. 103-A, as amended, is repealed.

Sec. F-4. 22 MRSA §1708, sub-§3, ¶D, as corrected by RR 2001, c. 2, Pt. A, §33, is amended to read:

D. Ensure that any calculation of an occupancy percentage or other basis for adjusting the rate of reimbursement for nursing facility services to reduce the amount paid in response to a decrease in the number of residents in the