State Codes and Statutes

Statutes > Maine > Title36 > Title36ch919sec0 > Title36sec6857

Title 36: TAXATION

Part 9: TAXPAYER BENEFIT PROGRAMS

Chapter 919: SHIPBUILDING FACILITY CREDIT HEADING: PL 1997, C. 449, §1 (NEW)

§6857. Decelerated credit

Beginning July 1, 2003, if a certified applicant has employment in any calendar year of less than 5,000 but equal to or greater than 4,500, the credit authorized in section 6853 must be decreased to $2,875,000. If employment is less 4,500 but equal to or greater than 4,000, the credit must be decreased to $2,750,000. If employment is less than 4,000 but equal to or greater than 3,500, the credit must be reduced to $2,625,000. [1997, c. 449, §1 (AMD).]

SECTION HISTORY

1997, c. 449, §1 (NEW).

State Codes and Statutes

Statutes > Maine > Title36 > Title36ch919sec0 > Title36sec6857

Title 36: TAXATION

Part 9: TAXPAYER BENEFIT PROGRAMS

Chapter 919: SHIPBUILDING FACILITY CREDIT HEADING: PL 1997, C. 449, §1 (NEW)

§6857. Decelerated credit

Beginning July 1, 2003, if a certified applicant has employment in any calendar year of less than 5,000 but equal to or greater than 4,500, the credit authorized in section 6853 must be decreased to $2,875,000. If employment is less 4,500 but equal to or greater than 4,000, the credit must be decreased to $2,750,000. If employment is less than 4,000 but equal to or greater than 3,500, the credit must be reduced to $2,625,000. [1997, c. 449, §1 (AMD).]

SECTION HISTORY

1997, c. 449, §1 (NEW).


State Codes and Statutes

State Codes and Statutes

Statutes > Maine > Title36 > Title36ch919sec0 > Title36sec6857

Title 36: TAXATION

Part 9: TAXPAYER BENEFIT PROGRAMS

Chapter 919: SHIPBUILDING FACILITY CREDIT HEADING: PL 1997, C. 449, §1 (NEW)

§6857. Decelerated credit

Beginning July 1, 2003, if a certified applicant has employment in any calendar year of less than 5,000 but equal to or greater than 4,500, the credit authorized in section 6853 must be decreased to $2,875,000. If employment is less 4,500 but equal to or greater than 4,000, the credit must be decreased to $2,750,000. If employment is less than 4,000 but equal to or greater than 3,500, the credit must be reduced to $2,625,000. [1997, c. 449, §1 (AMD).]

SECTION HISTORY

1997, c. 449, §1 (NEW).