allocations

Sec. D-21. 36 MRSA § 5403, sub-§ 1, A-1 is enacted to read:
A-1. In 2017 and 2018, by the dollar amounts of the tax rate tables specified in section 5111,
subsections 1-G, 2-G and 3-G, except that for the purposes of this paragraph,
notwithstanding section 5402, subsection 1-B, the "cost-of-living adjustment" is the Chained
Consumer Price Index for the 12-month period ending June 30th of the preceding calendar
year divided by the Chained Consumer Price Index for the 12-month period ending June 30,
2015;
Sec. D-22. 36 MRSA § 5403, sub-§ 1, B as enacted by PL 2015, c. 267, Pt. DD, § 33, is
repealed.
Sec. D-23. 36 MRSA § 5403, sub-§ 6, as enacted by PL 2015, c. 267, Pt. DD, § 33, is
repealed and the following enacted in its place:
6. Property tax fairness credit. Beginning in 2018 and each year thereafter, the maximum
benefit base amounts in section 5219-OO, subsection 1, paragraph A.
Sec. D-24. 36 MRSA § 5403, sub-§ 7, is enacted to read:
7. Pension deduction. Beginning in 2021 and each year thereafter, by the pension
deduction amount defined in section 5122, subsection 2, paragraph M-2, subparagraph (2),
division (d) with respect to tax years beginning on or after January 1, 2022;
Sec. D-25. Immediate action. Notwithstanding 20-A MRSA §15697, sub-§2, as enacted by
IB 2015, c. 4, those sections of this Part that repeal and replace the Maine Revised Statutes, Title
36, § 5111, sub-§6 and amend the Maine Revised Statutes, Title 20-A, §15697, sub-§2 may be
immediately acted upon in any manner by the Legislature.
Sec. D-26. Retroactivity. Those sections of this Part that repeal and replace the Maine
Revised Statutes, Title 36, § 5111, sub-§6 and amend the Maine Revised Statutes, Title 20-A, §
15697, sub-§2 apply retroactively to January 1, 2017.
Sec. D-27. Application. That section of this Part that amends the Maine Revised Statutes,
Title 36, section 5213-A, subsection 1, paragraph B applies to tax years beginning on or after
January 1, 2018.
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