An Act To Lower Maine's Individual Income Tax
Maine Legislature, Session 129, LD 1292
Committee Amendment CA_A_H384 (House)
Amends: 36 MRSA §5403

COMMITTEE AMENDMENT "A" to H.P. 935, L.D. 1292, Bill, "An Act To 
Lower Maine's Individual Income Tax" 
Amend the bill in section 3 in subsection 1-G in the 8th line (page 1, line 36 in L.D.) 
by striking out the following: 
11$2.918
and inserting the following: '$2.919' 
Amend the bill by striking out all of section 11 and inserting the following: 
'Sec.11. 36 MRSA §5403, sub-§1, as enacted by PL 2015, c. 267, Pt. DD, §33, is 
amended to read: 
1. Individual income tax rate tables. For the tax rate tables in section 5111: 
A. Beginaitlg in In 2016 and each year thereafter. 2017 and 2018, by the lowest 
dollar amounts of the tax rate tables specified in section 5111, subsections 1-F, 2-F 
and 3-F, 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; 
aH:d 
B. Beginning itl In 2017 and eaoh year thereafter 2018, by the highest taxable 
income dollar amount amounts of each the tax rate table tables specified in section 
5111, subsections 1-F. 2-F and 3-F, 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, 2016; 
C. In 2019 and 2020. by the lowest 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; 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT"/\ " to H.P. 935, L.D. 1292 
D. In 2019 and 2020, by the highest taxable income 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, 2016: 
E. Beginning in 2021 and each year thereafter, by the lowest dollar amounts of the 
tax rate tables specified in section 5111, subsections 1-H, 2-H and 3-H, 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: and 
F. Beginning in 2021 and each year thereafter, by the highest taxable income dollar 
amounts of the tax rate tables specified in section 5111, subsections 1-H, 2-H and 
3-H, 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, 2016;' 
Amend the bill by relettering or renumbering any nonconsecutive Part letter or 
section number to read consecutively. 
SUMMARY 
This amendment corrects a rounding error in the bill and adds language to make 
inflation adjustments to the tax tables. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Net Cost (Savings) 
General Fund 
;_l.evenue 
General Fund 
Approved: 05/07/19 feac 
LD 1292 
LR 1395(02) 
An Act To Lower Maine's Individual Income Tax 
Fiscal Note for Bill as Amended by Committee Amendment J"l• { H-3 JY) 
Committee: Taxation 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2019-20 
FY 2020-21 
Projections 
FY 2021-22 
Projections 
FY 2022-23 
$42,446,000 
$122,911,000 
$154,717,000 
$166,801,000 
($42,446,000) ($122,911,000) ($154,717,000) ($166,801,000) 
Other Special Revenue Funds 
($2,234,000) 
($6,469,000) 
($8,143,000) 
($8,779,000) 
Fiscal Detail and Notes 
This bill lowers the individual income tax rate over 3 years and would result in a reduction in General Fund revenue 
of $42,446,000 in fiscal year 2019-20 and $122,911,000 in fiscal year 2020-21. It would also result in a reduction in 
Local Government Fund revenue of $2,234,000 in fiscal year 2019-20 and $6,469,000 in fiscal year 2020-21. 
LR1395(02) - Fiscal Note - Page 1 of 1