An Act To Encourage Charitable Contributions to Nonprofit Organizations
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §5125, sub-§5 is enacted to read:
5. Charitable contributions. The following amounts in excess of the limitation on itemized deductions under subsection 4 may be claimed:
A. For tax years beginning in 2016, charitable contributions included in federal itemized deductions up to $18,000; and
B. For tax years beginning on or after January 1, 2017, the amount of charitable contributions included in federal itemized deductions.
Effective 90 days following adjournment of the 126th Legislature, Second Regular Session, unless otherwise indicated.