An Act To Create the Maine Fishery Infrastructure Tax Credit Program
Maine Legislature, Session 125, LD 0421
Committee Amendment CA_A_S42 (Senate)

COMMITTEE AMENDMENT" A." to S.P. 125, L.D. 421, Bill, "An Act To Create 
the Maine Fishery Infrastructure Tax Credit Program" 
Amend the bill in section 2 in § 1 0331 in subsection 1 in the 3rd line (page 1, line 29 
in L.D.) by inserting after the following: "depm1ment" the following: 'in coordination 
with the Department of Marine Resources' 
Amend the bill in section 2 in § 1 0331 in subsection 2 in the first line (page I, line 33 
in L.D.) by inserting after the following: "department" the following: 'in coordination 
with the Department of Marine Resources' 
Amend the bill in section 2 in § 1 0331 in subsection 2 in paragraph B in the 2nd line 
(page 2, line 8 in L.D.) by inserting after the following: "department" the following: 'in 
coordination with the Department of Marine Resources' 
Amend the bill in section 2 in § 1 0331 in subsection 4 in the 2nd line (page 2, line 16 
in L.D.) by inserting after the following: "subchapter." the following: The department 
shall coordinate with the Department of Marine Resources in the identification of projects 
that benefit freshwater and saltwater fisheries.' 
Amend the bill in section 3 in §5216-D in subsection 2 in the 5th line (page 3, line 3 
in L.D.) by striking out the following: "flow-through" and inserting the following: 
'pass-through' 
Amend the bill in section 3 in §5216-D in subsection 2 in the 6th line (page 3, line 4 
in L.D.) by striking out the following: "flow-through" and inserting the following: 
'pass-through' 
Amend the bill in section 3 in §5216-D in subsection 2 in the 3rd line from the end 
(page 3, line 9 in L.D.) by striking out the following: "flow-through" and inserting the 
following: 'pass-through' 
COMMITTEE AMENDMENT 
COMMIITEE AMENDMENT ,- n" to S.P. 125, L.D. 421 
SUMMARY 
This amendment provides that the income tax credit for fishery infrastructure applies 
to both saltwater and freshwater fisheries, requires the Department of Inland Fisheries 
and Wildlife to coordinate with the Department of Marine Resources in the celiification 
of eligible projects and makes technical changes to reflect proper terminology. 
FISCAL \UIE RE(.1LlRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 04/08111 Mac:.. 
LD421 
LR 1250(02) 
An Act To. Create the Maine Fishery Infrastructure Tax Credit Pro.gram 
Net Co.st (Savings) 
General Fund 
Revenue 
General Fund 
Fiscal No.te fo.r Bill as Amended by Co.mmittee Amendment "]lIl(S-L'I z.) 
Co.mmittee: Taxatio.n 
Fiscal No.te Required: Yes 
Fiscal Note 
FY 2011-12 
FY 2012-13 
$10,688 
$50,825 
Pro.jections 
FY 2013-14 
$90,250 
Proj ectio.ns 
FY 2014-15 
$128,250 
Other Special Revenue Funds 
($10,688) 
($563) 
($50,825) 
($2,675) 
($90,250) 
($4,750) 
($128,250) 
($6,750) 
Fiscal Detail and No.tes 
Providing an income tax credit for investment in or contributions to eligible public fishery infrastructure projects for 
both saltwater and freshwater fisheries will result in losses to the General Fund and reduce revenue sharing. The 
revenue losses resulting from the income tax credit appreciate over subsequent fiscal years because of the increasing 
numbers of eligible credits over time. 
Additional costs to the Department of Inland Fisheries and Wildlife associated with this legislation can be absorbed 
with existing staff and within existing budgeted resources. 
T.R 1')'iO(O'») _ Fi~r.lll N(ltp _ PmTP 1 (If 1