Bill

Bill > LD1231


ME LD1231

ME LD1231
An Act to Bring Fairness in Income Taxes to Maine Families by Adjusting the Tax Brackets


summary

Introduced
03/21/2023
In Committee
03/21/2023
Crossed Over
04/09/2024
Passed
04/10/2024
Dead
05/10/2024
Vetoed
05/10/2024

Introduced Session

Potential new amendment
131st Legislature

Bill Summary

This bill is a concept draft pursuant to Joint Rule 208. This bill would change the income brackets for imposition of the individual Maine income tax but retain the same tax rates.

AI Summary

This bill proposes to adjust the income tax brackets for individuals in Maine, meaning the income ranges that determine how much tax is owed will be changed, but the actual tax rates themselves will remain the same. This is a concept draft, which is an early stage of a bill's development, and it aims to bring fairness to income taxes for Maine families by modifying these income thresholds.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Placed in the Legislative Files. (DEAD) (on 05/10/2024)

Bill Topics

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

Loading...

bill summary

Loading...
Loading...