Sec. 1. 36 MRSA c. 370-A is enacted to read:

CHAPTER 370-A

GROSS RECEIPTS TAX

§2831.__Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1.__Gross receipts. "Gross receipts" means all receipts from retail sales from a taxable establishment, whether in the form of money, credits or other valuable consideration, received as a result of engaging in or conducting retail sales, without deduction on account of the cost of the property sold, the cost of the materials used, labor or service costs, interest paid, taxes, losses or any other expenses.

2.__Taxable establishment.__"Taxable establishment" means a retail store that:

A.__Has more than 60,000 square feet of retail floor space;

B.__Offers consumer goods to the general public; and

C.__Is located outside of a downtown, as defined in Title 30-A, section 4301, subsection 5-A.

§2832.__Tax assessment

A taxable establishment is subject to a tax of 3% of the gross receipts of the taxable establishment from retail sales.

§2833.__Filing; payment

1.__Return. A person engaged in or conducting retail sales of consumer goods at a taxable establishment within this State that is subject to tax under this chapter shall file a return in accordance with subsection 2.

2.__Deadline for filing; remittance of payment.__On or before January 31st of each year, a taxable establishment shall file a return, in a form adopted by the bureau, with a remittance of the tax owed for gross receipts pursuant to section 2832 occurring during the preceding year.

§2834. Transfer of money received