Maine LD671: An Act to Abolish the Maine Income Tax and Establish a Zero-based Budget

What the bill says

An Act to Abolish the Maine Income Tax and Establish a Zero-based Budget" Amend the bill by striking out the title and substituting the following: 'An Act to Abolish the Maine Individual Income Tax and Establish a Zero-based Budget' Amend the bill in Part A in section 1 in c. 843 in the 2nd line (page 1, line 5 in L.D.) by striking out the following: "INCOME TAX ELIMINATION" and inserting the following: 'INDIVIDUAL INCOME TAX ELIMINATION' Amend the bill in Part A in section 1 in c. 843 in §5501 in the first line (page 1, line in L.D.) by inserting after the following: "of" the following: 'indi.

From the engrossed text:

An Act to Abolish the Maine Income Tax and Establish a Zero-based Budget" Amend the bill by striking out the title and substituting the following: 'An Act to Abolish the Maine Individual Income Tax and Establish a Zero-based Budget' Amend the bill in Part A in section 1 in c. 843 in the 2nd line (page 1, line 5 in L.D.) by striking out the following: "INCOME TAX ELIMINATION" and inserting the following: 'INDIVIDUAL INCOME TAX ELIMINATION' Amend the bill in Part A in section 1 in c. 843 in §5501 in the first line (page 1, line in L.D.) by inserting after the following: "of" the following: 'individual' Amend the bill in Part A in section 1 in c. 843 in §5501 in the first indented paragraph in the first line (page 1, line 7 in L.D.) by striking out the following: "no tax may be" and inserting the following: 'individual income tax may not be' Amend the bill in Part A in section 1 in c. 843 by inserting after §5501 the following: '§5502. Individual income tax filing requirements For tax years beginning on or after January 1, 2026, an individual taxpayer with no tax liability that requires the filing of a Maine income tax return is not required to file a return with the State. §5503. Individual …

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Sponsors

• Laurel Libby (R, 90) · primary sponsor
• David Boyer (R, 87)