An Act To Cut Taxes on Maine Residents by over $140,000,000
Maine Legislature, Session 123, LD 1925
Senate Amendment SA_F_S334 (Senate)

SENATE AMENDMENT" r" to H.P. 1362, L.D. 1925, Bill, "An Act To Cut 
Taxes on Maine Residents by over $140,000,000" 
Amend the bill in Part A in section 1 in §5111 in the first paragraph in the first line 
(page 1, line 6 in L.D.) by striking out the following: "2008" and inserting the following: 
'2009' 
Amend the bill in Part A in section 6 in paragraph N in subparagraph (3) in the 2nd 
line (page 1, line 35 in L.D.) by striking out the following: "2008" and inserting the 
following: '2009' 
Amend the bill in Part A in section 7 in paragraph L in the 6th line (page 2, line 11 in 
L.D.) by striking out the following: "2008" and inserting the following: '2009' 
Amend the bill in Part A in section 7 in paragraph L in the 12th line (page 2, line 17 
in L.D.) by striking out the following: "2008" and inserting the following: '2009' 
Amend the bill in Part A in section 8 in paragraph T in the blocked paragraph in the 
2nd line (page 2, line 29 in L.D.) by striking out the following: "2008" and inserting the 
following: '2009' 
Amend the bill in Part A in section 8 in paragraph T in the blocked paragraph in the 
7th line (page 2, line 34 in L.D.) by striking out the following: "2008" and inserting the 
following: '2009' 
Amend the bill in Part A in section 15 in paragraph N in subparagraph (3) in the 2nd 
line (page 3, line 3 I in L.D.) by striking out the following: "2008" and inserting the 
following: '2009' 
Amend the bill in Part A in section 33 in the first line (page 11, line 30 in L.D.) by 
striking out the following: "2007-08" and inserting the following: '2008-09' 
Amend the bill in Part A in section 33 in the 6th line (page II, line 35 in L.D.) by 
striking out the following: "2008-09 and 2009-10" and inserting the following: '2009-10 
and 2010-11' 
Amend the bill in Part A in section 34 in the first line (page II, line 38 in L.D.) by 
striking out the following: "2008" and inserting the following: '2009' 
SENATE AMENDMENT 
SENATE AMENDMENT" P' to H.P. 1362, L.D. 1925 
I 
Amend the bill in Part A in section 34 in the 2nd line (page 11, line 39 in L.D.) by 
striking out the following: "2008" and inserting the following: '2009' 
Amend the bill in Part B in section 2 in the 2nd line (page 12, line 14 in L.D.) by 
striking out the following: "2008" and inserting the following: '2009' 
Amend the bill in Part B by striking out all of section 3. 
Amend the bill in Part C in section 1 in subsection 1 in the 3rd line from the end 
(page 12, line 33 in L.D.) by striking out the following: 
"2009" and inserting the 
following: '2010' 
Amend the bill in Part C in section 1 in subsection 1 in the last line (page 12, line 35 
lO 
in L.D.) by striking out the following: "2009" and inserting the following: '2010' 
II 
Amend the bill in Part C in section 7 in paragraph A-I in the first line (page 14, line 
in L.D.) by striking out the following: "2008" and inserting the following: '2009' 
Amend the bill in Part C in section 8 in paragraph A-2 in the first line (page 14, line 
in L.D.) by striking out the following: "2009" and inserting the following: '20lO' 
Amend the bill in Part C in section 14 in the 4th line (page 16, line 1 in L.D.) by 
striking out the following: "2008" and inserting the following: '2009' 
Amend the bill in Part C in section 14 in the next to the last line (page 16, line 8 in 
L.D.) by striking out the following: "Joint Standing Committee on Taxation by February 
1,2008" and inserting the following: 
~oint standing committee of the Legislature having 
jurisdiction over taxation matters by February 1, 2009' 
Amend the bill in Part C by striking out all of section 15 and inserting the following: 
'Sec. C-15. Application. This Part applies to application periods for the Property 
Tax and Rent Refund Program beginning on or after August 1,2009.' 
Amend the bill in Part D by striking out all of section 8. 
Amend the bill in Part E by striking out all of section 59 and inserting the following: 
'Sec. E-59. Application. Those portions of this Part that affect the taxation of 
leases and rentals of tangible personal property apply to leases entered into, extended or 
renewed on or after January 1,2009. 
Sec. E-60. Effective date. Except as otherwise indicated, this Part takes effect 
January 1,2009.' 
Amend the bill in Part F in section 6 in subsection 4 in the 6th line (page 36, line 20 
in L.D.) by striking out the following: "2008" and inserting the following: '2009' 
Amend the bill in Part F in section 6 in subsection 4 in the 7th line from the end (page 
36, line 31 in L.D.) by striking out the following: "2008" and inserting the following: 
'2009' 
SENATE AMENDMENT 
SENATE AMENDMENT" f" to H.P. 1362, L.D. 1925 
Amend the bill in Part F in section 7 in the first line (page 36, line 38 in L.D.) by 
striking out the following: "October 1, 2007" and inserting the following: 'January 1, 
2009' 
Amend the bill in Part G by inserting after section 3 the following: 
'Sec. G-4. Effective date. This Part takes effect January 1,2009.' 
Amend the bill in Part H in section 1 in § 1518-A in subsection 3 in the 2nd line (page 
37, line 34 in L.D.) by striking out the following: "2009-10" and inserting the following: 
'2010-11' 
Amend the bill in Part I in section 1 in §5686 in subsection 1 in the first line (page 
38, line 7 in L.D.) by striking out the following: "2008-09" and inserting the following: 
'2009-10' 
Amend the bill in Part I in section 1 in §5686 in subsection 1 in the last line (page 38, 
line 13 in L.D.) by striking out the following: "2008-09" and inserting the following: 
'2009-10' 
Amend the bill in Part I in section 1 in §5686 in subsection 2 in the first line (page 
38, line 14 in L.D.) by striking out the following: "2009-10" and inserting the following: 
'2010-11' 
Amend the bill by striking out all of Part L and inserting the following: 
'PARTL 
Sec. L-l. Statutory referendum procedure; submission at election; form 
of question; effective date. This Act must be submitted to the legal voters of the State 
at a statewide election held in November 2008 following the passage of this Act. The 
municipal officers of this State shall notity the inhabitants of their respective cities, towns 
and plantations to meet, in the manner prescribed by law for holding a statewide election, 
to vote on the acceptance or rejection of this Act by voting on the following question: 
"Do you favor making various changes to Maine tax laws, including: 
1. Changing the income tax rates to a flat 6%; 
2. Creating a household credit; 
3. Changing the corporate income tax rate to a flat 8.93%; 
4. Increasing the homestead property tax deduction to $26,000; 
5. Increasing the benefits available under the Circuitbreaker Program; 
6. Establishing a process to permit persons 65 years of age or older to defer 
property taxes on their homesteads; 
7. Broadening the sales tax base to include certain services and repealing certain 
exemptions; 
8. Increasing the sales tax on prepared meals, lodging and rentals of automobiles 
for less than one year; 
SENATE AMENDMENT 
SENATE AMENDMENT" F" to H.P. 1362, L.D. 1925 
9. Increasing the real estate transfer tax and changing the format to provide for a 
3-tiered tax based on the value ofthe property; 
10. Increasing the excise tax on wine and malt liquor, except for malt liquor 
produced by manufacturers of less than 100,000 barrels; 
11. Requiring 15% of the growth of sales and income tax to be transferred to the 
Tax Relief Fund for Maine Residents; and 
12. Prohibiting the foreclosure for failure to pay a tax lien on a home owned and 
occupied for at least 10 years by a person 65 years of age or older until that home 
is sold or transferred?" 
The legal voters of each city, town and plantation shall vote by ballot on this question 
and designate their choice by a cross or check mark placed within a corresponding square 
below the word "Yes" or "No." 
The ballots must be received, sorted, counted and 
declared in open ward, town and plantation meetings and returns made to the Secretary of 
State in the same manner as votes for members of the Legislature. The Governor shall 
review the returns. If a majority of the legal votes are cast in favor of this Act, the 
Governor shall proclaim the result without delay and this Act becomes effective 30 days 
after the date of the proclamation. 
The Secretary of State shall prepare and furnish to each city, town and plantation all 
ballots, returns and copies of this Act necessary to carry out the purposes of this 
referendum. ' 
SUMMARY 
This amendment requires the provisions of the bill to be sent to referendum in 
November 2008. This amendment also changes the effective dates for the sales tax, malt 
liquor and wine excise tax and the real estate transfer tax changes to January 1, 2009, 
following the referendum, and specifies the application date for the Circuitbreaker 
Program. 
This amendment also removes the appropriations and allocations sections from the 
bill due to the delayed effective date. 
FISCAL NOTE REQUIRED 
. 
'. 
.. ~ 
~
(seeatwac 
ed.) 
SPONSOREDBY: __ ~~ 
____ ~ 
____________ __ 
(Senator HOBBINS) 
COUNTY: York 
SENATE AMENDMENT 
Approved: 06/15/07 hae 
LD 1925 
LR 2657(13) 
An Act To Cut Taxes on Maine Residents by over $140,000,000 
Net Cost (Savings) 
General Fund 
.\.ppropriations/Aliocations 
General Fund 
Other Special Revenue Funds 
Revenue 
General Fund 
Other Special Revenue Funds 
Referendum Costs 
Fiscal Note for Senate Amendment" r " 
Sponsor: Sen. Hobbins of York 
Fiscal Note Required: Yes 
Fiscal Note 
2007-08 
2008-09 
$368,018 
$214,002 
($1,095,164) 
($33,203,556) 
$0 
($1,001,493) 
($1,463,182) 
($33,417,558) 
$1,278,828 
$57,295 
MonthNear 
Election Type 
Question 
Nov-07 
General 
Referendum 
Projections 
2009-10 
($21,193,643) 
($33,430,184) 
($3, I 01,329) 
($12,236,541) 
($2,030,631 ) 
Length 
Lengthy 
Projections 
2010-11 
($26,553,672) 
($34,039,339) 
($3,078,489) 
($7,485,667) 
($1,965,563 ) 
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general 
election in November. Jfthe number or size of the referendum questions increases the ballot length, an additional 
appropriation of $8,000 or more may be required. 
Fiscal Detail and Notes 
This amendment makes the General Fund impact of the bill contingent upon voter approval. If approved by the voters, 
this amendment would delay the effective date by one year. 
LR2657(l3) - Fiscal Note - Page 1 of 1 
Approved: 06/14/07
LD 1925
LR 2657(16)
2007-08
2008-09
Projections 
2009-10
Projections 
2010-11
Net Cost (Savings)
General Fund
$368,018
$214,002
($21,193,643)
($26,553,672)
Appropriations/Allocations
General Fund
($1,095,164)
($33,203,556)
($33,430,184)
($34,039,339)
Other Special Revenue Funds
$0
($1,001,493)
($3,101,329)
($3,078,489)
Revenue
General Fund
($1,463,182)
($33,417,558)
($12,236,541)
($7,485,667)
Other Special Revenue Funds
$1,278,828
$57,295
($2,030,631)
($1,965,563)
Referendum Costs
Month/Year
Election Type
Question
Length
Nov-07
General
Referendum
Lengthy
Fiscal Detail and Notes
An Act To Cut Taxes on Maine Residents by over $140,000,000
This amendment eliminates the General Fund cost of the bill by making the provisions of the bill contingent upon 
voter approval.
Fiscal Note for Senate Amendment "     "
Sponsor: Sen. Hobbins of York
Fiscal Note Required: Yes
Fiscal Note
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general 
election in November. If the number or size of the referendum questions increases the ballot length, an additional 
appropriation of $8,000 or more may be required.
LR2657(16) - Fiscal Note - Page 1 of 1