5 §1518-A. Tax Relief Fund for Maine Residents - Maine Statutes

Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES

Part 4: FINANCE

Chapter 141: GENERAL PROVISIONS

§1518-A. Tax Relief Fund for Maine Residents

1. Tax Relief Fund for Maine Residents. There is created the Tax Relief Fund for Maine Residents, which must be used to provide tax relief to residents of the State. The fund consists of all resources transferred to the fund under section 1536 and other resources made available to the fund.

[ 2005, c. 2, Pt. A, §14 (AFF); 2005, c. 2, Pt. A, §4 (NEW) .]

2. Nonlapsing fund. Any unexpended balance in the Tax Relief Fund for Maine Residents may not lapse but must be carried forward to be used pursuant to subsection 1.

[ 2005, c. 2, Pt. A, §14 (AFF); 2005, c. 2, Pt. A, §4 (NEW) .]

SECTION HISTORY

2005, c. 2, §A14 (AFF). 2005, c. 2, §A4 (NEW).