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MAINE STATUTES AND CODES
36 §6856. Accelerated credit
Title 36: TAXATION
Part 9: TAXPAYER BENEFIT PROGRAMS
Chapter 919: SHIPBUILDING FACILITY CREDIT HEADING: PL 1997, C. 449, §1 (NEW)
§6856. Accelerated credit
Beginning July 1, 1999, if a certified applicant has employment in any calendar year of at least 5,500, the credit authorized in section 6853 must be increased to $3,125,000. If employment is at least 6,000, the credit must be increased to $3,250,000. If employment is at least 6,500, the credit must be increased to $3,375,000. If employment is 7,000 or more, the credit must be increased to $3,500,000. [1997, c. 449, §1 (NEW).]
SECTION HISTORY
1997, c. 449, §1 (NEW).