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Amend the amendment in Part N by striking out all of section 2 and inserting the following:
‘Sec. N-2.  36 MRSA §5111, sub-§1-C  is enacted to read:
 
1-C.  Single individuals and married persons filing separate returns; tax years beginning 2013.    For tax years beginning on or after January 1, 2013, for single individuals and married persons filing separate returns:’
Amend the amendment in Part N by striking out all of section 4 and inserting the following:
‘Sec. N-4.  36 MRSA §5111, sub-§2-C  is enacted to read:
 
2-C.  Heads of households; tax years beginning 2013.    For tax years beginning on or after January 1, 2013, for unmarried individuals or legally separated individuals who qualify as heads of households:’
Amend the amendment in Part N by striking out all of section 6 and inserting the following:
‘Sec. N-6.  36 MRSA §5111, sub-§3-C  is enacted to read:
 
3-C.  Individuals filing married joint return or surviving spouses; tax years beginning 2013.    For tax years beginning on or after January 1, 2013, for individuals filing married joint returns or surviving spouses permitted to file a joint return:’
Amend the amendment in Part T in section 10 in paragraph A in the 5th line (page 557, line 34 in amendment) by striking out the following: "$20,000" and inserting the following: '$25,000'
Amend the amendment in Part T in section 22 in the 9th line (page 562, line 13 in amendment) by striking out the following: "$20,000" and inserting the following: '$25,000'
Amend the amendment by inserting after Part QQQQ the following:
PART RRRR
‘
Sec. RRRR-1. Appropriations and allocations. The following appropriations and allocations are made.
 
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
 
Executive Branch Departments and Independent Agencies - Statewide 0017
 
Initiative: Appropriates funds to increase the limit on retirement benefits that are subject to a cost-of-living adjustment from $20,000 to $25,000.

GENERAL FUND	2011-12	2012-13	
Personal Services	$2,023,938	$2,042,523	
			
GENERAL FUND TOTAL	$2,023,938	$2,042,523	

ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF			
DEPARTMENT TOTALS	2011-12	2012-13	
			
GENERAL FUND	$2,023,938	$2,042,523	
			
DEPARTMENT TOTAL - ALL FUNDS	$2,023,938	$2,042,523	

EDUCATION, DEPARTMENT OF
 
Teacher Retirement 0170
 
Initiative: Appropriates funds to increase the limit on retirement benefits that are subject to a cost-of-living adjustment from $20,000 to $25,000.

GENERAL FUND	2011-12	2012-13	
All Other	$10,645,325	$10,805,004	
			
GENERAL FUND TOTAL	$10,645,325	$10,805,004	

EDUCATION, DEPARTMENT OF			
DEPARTMENT TOTALS	2011-12	2012-13	
			
GENERAL FUND	$10,645,325	$10,805,004	
			
DEPARTMENT TOTAL - ALL FUNDS	$10,645,325	$10,805,004	

JUDICIAL DEPARTMENT
 
Courts - Supreme, Superior and District 0063
 
Initiative: Appropriates funds to increase the limit on retirement benefits that are subject to a cost-of-living adjustment from $20,000 to $25,000.

GENERAL FUND	2011-12	2012-13	
Personal Services	$131,937	$133,149	
			
GENERAL FUND TOTAL	$131,937	$133,149	

JUDICIAL DEPARTMENT			
DEPARTMENT TOTALS	2011-12	2012-13	
			
GENERAL FUND	$131,937	$133,149	
			
DEPARTMENT TOTAL - ALL FUNDS	$131,937	$133,149	

LAW AND LEGISLATIVE REFERENCE LIBRARY
 
Law and Legislative Reference Library 0636
 
Initiative: Appropriates funds to increase the limit on retirement benefits that are subject to a cost-of-living adjustment from $20,000 to $25,000.

GENERAL FUND	2011-12	2012-13	
Personal Services	$6,058	$6,114	
			
GENERAL FUND TOTAL	$6,058	$6,114	

LAW AND LEGISLATIVE REFERENCE LIBRARY			
DEPARTMENT TOTALS	2011-12	2012-13	
			
GENERAL FUND	$6,058	$6,114	
			
DEPARTMENT TOTAL - ALL FUNDS	$6,058	$6,114	

LEGISLATURE
 
Legislature 0081
 
Initiative: Appropriates funds to increase the limit on retirement benefits that are subject to a cost-of-living adjustment from $20,000 to $25,000.

GENERAL FUND	2011-12	2012-13	
Personal Services	$78,085	$78,802	
			
GENERAL FUND TOTAL	$78,085	$78,802	

LEGISLATURE			
DEPARTMENT TOTALS	2011-12	2012-13	
			
GENERAL FUND	$78,085	$78,802	
			
DEPARTMENT TOTAL - ALL FUNDS	$78,085	$78,802	

PROGRAM EVALUATION AND GOVERNMENT ACCOUNTABILITY, OFFICE OF
 
Office of Program Evaluation and Government Accountability 0976
 
Initiative: Appropriates funds to increase the limit on retirement benefits that are subject to a cost-of-living adjustment from $20,000 to $25,000.

GENERAL FUND	2011-12	2012-13	
Personal Services	$3,815	$3,850	
			
GENERAL FUND TOTAL	$3,815	$3,850	

PROGRAM EVALUATION AND GOVERNMENT ACCOUNTABILITY, OFFICE OF			
DEPARTMENT TOTALS	2011-12	2012-13	
			
GENERAL FUND	$3,815	$3,850	
			
DEPARTMENT TOTAL - ALL FUNDS	$3,815	$3,850	

SECTION TOTALS	2011-12	2012-13	
			
GENERAL FUND	$12,889,158	$13,069,442	
			
SECTION TOTAL - ALL FUNDS	$12,889,158	$13,069,442	
 
’
Amend the amendment by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.
 
SUMMARY
This amendment raises the cap on the amount of pension income that is eligible for a cost-of-living adjustment from $20,000 to $25,000. It also eliminates the new 6.5% income tax rate and retains the 2%, 4.5% and 7% rates and the applicable income tax brackets. The amendment also adds an appropriations and allocations section.
FISCAL NOTE REQUIRED
(See attached)