| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 36 MRSA §5219-S, as enacted by PL 1999, c. 731, Pt. V, §1 | | and affected by §2, is amended to read: |
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| | | §5219-S. Earned income credit |
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| | | A taxpayer is allowed a credit against the taxes otherwise due | under this Part equal to 5% | | credit for the same taxable year. The credit may not reduce the | | state income tax to less than zero. |
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| | | This bill increases the state earned income credit from 5% to | | 10% of the federal earned income credit for the same taxable | | year. |
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