| | Sec. DD-1. 36 MRSA §5218, sub-§1, as amended by PL 2005, c. 12, Pt. | L, §2, 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 to 2006, 2004 and 2005, the applicable | percentage is 21.5% instead of 25%. |
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| | Sec. DD-2. 36 MRSA §5218, sub-§2, as amended by PL 2005, c. 12, Pt. | L, §3, is further amended to read: |
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| | 2. Nonresident 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 2003 to 2006, 2004 and | 2005, the applicable percentage is 21.5% instead of 25%. |
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| | Sec. DD-3. 36 MRSA §5218, sub-§2-A, as amended by PL 2005, c. 12, Pt. | L, §4, is further amended to read: |
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| | 2-A. Part-year resident taxpayer. An individual who files a | return as a part-year resident in accordance with section 5224-A | is allowed a credit against the tax otherwise due under this Part | in the amount of 25%, except that for tax years beginning in 2003 | to 2006, 2004 and 2005 the applicable percentage is 21.5%, | instead of 25%, of the federal tax credit allowable for child and | dependent care expenses multiplied by a ratio, the numerator of | which is the individual's Maine adjusted gross income as defined | in section 5102, subsection 1-C, paragraph A for that portion of | the taxable year during which the individual was a resident plus | the individual's Maine adjusted gross income as defined in | section 5102, subsection 1-C, paragraph B for that portion of the | taxable year during which the individual was a nonresident and | the denominator of which is the individual's entire federal | adjusted gross income, as modified by section 5122. |
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| | Sec. EE-1. 36 MRSA §1760, sub-§45, as amended by PL 2005, c. 218, §24, | is further amended to read: |
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