POSITIONS - LEGISLATIVE COUNT 1.000 1.000

Personal Services $54,080 $56,513

All Other $10,642 $7,622

____________ ____________

GENERAL FUND TOTAL $64,722 $64,135

Sec. O-5. Application. Those sections of this Part that amend the Maine Revised Statutes, Title 36, section 1752, subsection 12; section 1754-B, subsection 1; and section 1764 apply to casual rentals of living quarters occurring on or after July 1, 2005.

PART P

Sec. P-1. 36 MRSA §111, sub-§1-A, as amended by PL 2003, c. 705, §1 and affected by §14, is further amended to read:

1-A. Code. "Code" means the United States Internal Revenue Code of 1986 and amendments to that Code as of December 31, 2003 January 7, 2005.

Sec. P-2. 36 MRSA §5122, sub-§1, śN, as amended by PL 2003, c. 588, §14, is further amended to read:

N. With respect to property placed in service during the taxable year, an amount equal to the net increase in depreciation or expensing attributable to:

(1) For taxable years beginning on or after January 1, 2002 but prior to January 1, 2006, a 30% bonus depreciation deduction claimed by the taxpayer pursuant to Section 101 of the federal Job Creation and Worker Assistance Act of 2002, Public Law 107-147 with respect to property placed in service during the taxable year;

(2) For taxable years beginning on or after January 1, 2002 but prior to January 1, 2006, a 50% bonus depreciation deduction claimed by the taxpayer pursuant to Section 201 of the federal Jobs and Growth Tax Relief Reconciliation Act of 2003, Public Law 108-27 with respect to property placed in service during the taxable year; and

(3) For taxable years beginning on or after January 1, 2003 but prior to January 1, 2006 2008, the increase in aggregate cost claimed under Section 179 of the Code pursuant to Section 202 of the federal Jobs and Growth Tax Relief Reconciliation Act of 2003, Public Law