An Act To Promote Jobs in the Motor Coach Industry by Providing a Sales Tax Exemption for Certain Buses
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §1760, sub-§41, ¶B, as enacted by PL 2009, c. 361, §19 and affected by §37, is amended to read:
B. For purposes of this subsection, personal property is not in use as an instrumentality of interstate or foreign commerce when carrying only cargo a bona fide payload that both originates and terminates within the State , unless the personal property is a bus with a capacity of at least 47 passengers that is engaged in transporting within the State a bona fide payload of travelers on an interstate or foreign cruise that originates outside the State and terminates outside the State and the transportation is provided pursuant to a contract between the interstate or foreign cruise provider and the person providing the transportation.
Effective 90 days following adjournment of the 125th Legislature, Second Regular Session, unless otherwise indicated.