Maine legislation · 132nd Legislature
Maine LD1735: An Act to Provide an Income Tax Deduction for Certain Contributions to a Qualified Achieving a Better Life Experience Program Ac
Status: Failed, April 29, 2026
An Act to Provide an Income Tax Deduction for Certain Contributions to a Qualified Achieving a Better Life Experience Program Account
What the bill says
An Act to Provide an Income Tax Deduction for Certain Contributions to a Qualified Achieving a Better Life Experience Program Account" Amend the bill in section 1 in paragraph AAA in the last line (page 1, line 9 in L.D.) by inserting after the following: "households." the following: 'The deduction is limited to the amount of the contribution that has not previously been deducted from the eligible individual's federal adjusted gross income.' Amend the bill by inserting after section 1 the following: 'Sec. 2. Appropriations and allocations. The following appropriations and allocations are made.
From the introduced text:
An Act to Provide an Income Tax Deduction for Certain Contributions to a Qualified Achieving a Better Life Experience Program Account" Amend the bill in section 1 in paragraph AAA in the last line (page 1, line 9 in L.D.) by inserting after the following: "households." the following: 'The deduction is limited to the amount of the contribution that has not previously been deducted from the eligible individual's federal adjusted gross income.' Amend the bill by inserting after section 1 the following: 'Sec. 2. Appropriations and allocations. The following appropriations and allocations are made. ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF Revenue Services, Bureau of 0002 Initiative: Provides one-time funding for computer programming costs. GENERAL FUND 2025-26 2026-27 All Other $12,844 $0 __________ __________ GENERAL FUND TOTAL $12,844 $0 2262 ' Amend the bill by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively. Page 1 - 132LR0970(02) COMMITTEE AMENDMENT COMMITTEE AMENDMENT " " to S.P. 681, L.D. 1735 SUMMARY This amendment limits the amount of the deduction for contributions to the amount in excess of contributions that were previously deducted from the individual's federal adjusted gross income. The amendment also adds an appropriations and allocations section. FISCAL NOTE REQUIRED (See attached) Page 2 - 132LR0970(02) COMMITTEE AMENDMENT