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2012 Maine Revised Statutes
TITLE 36: TAXATION
Chapter 919: SHIPBUILDING FACILITY CREDIT
36 §6856. Accelerated credit


36 ME Rev Stat § 6856 (2012 through 125th Legis) What's This?

Part 9: TAXPAYER BENEFIT PROGRAMS

§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).

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