PLEASE NOTE: Legislative Information cannot perform research, provide legal advice, or interpret Maine law. For legal assistance, please contact a qualified attorney.
Amend the amendment in section 9 in §4102 in subsection 5 (page 4, line 14 in amendment) by striking out the following: "$5,000,000" and inserting the following: '$2,000,000'
Amend the amendment in section 9 in §4103 in subsection 1 in paragraph A (page 5, line 15 in amendment) by striking out the following: "$5,000,000" and inserting the following: '$2,000,000'
Amend the amendment in section 9 in §4103 in subsection 1 in paragraph B in the first line (page 5, line 16 in amendment) by striking out the following: "$5,000,000" and inserting the following: '$2,000,000'
Amend the amendment in section 9 in §4103 in subsection 1 in paragraph B in the 2nd line (page 5, line 17 in amendment) by striking out the following: "$5,000,000" and inserting the following: '$2,000,000'
Amend the amendment in section 9 in §4103 in subsection 1 in paragraph C in the first line (page 5, line 18 in amendment) by striking out the following: "$300,000" and inserting the following: '$600,000'
 
SUMMARY
This amendment reduces the estate tax exclusion in Committee Amendment "A" from $5,000,000 to $2,000,000 of taxable estate.