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An Act To Reduce the Income Tax for Low-income Families
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §5219-N, sub-§1, as amended by PL 2003, c. 390, §48, is repealed and the following enacted in its place:
 
1.  Generally.     Except as provided in subsection 2, the following individuals are allowed a credit equal to the tax otherwise imposed on those individuals by this Part:
 
A.  An individual whose Maine taxable income determined as if the individual were a resident individual for the entire year is $2,000 or less; and
 
B.  A resident individual whose federal adjusted gross income is $15,000 or less.
 
In no case may this credit reduce the Maine income tax to less than zero.
Sec. 2. Application. This Act applies to tax years beginning on or after January 1, 2011.
 
SUMMARY
This bill provides a credit for an individual who is a resident of Maine and whose federal adjusted gross income is $15,000 or less for the entire year, reducing the individual's income tax liability to zero.