AUGUSTA – Lawmakers have sent a bill to Republican Gov. Paul LePage that would allow Maine to update its tax law to match federal law.
The governor introduced the bill after President Barack Obama retroactively extended several tax breaks through the end of 2014. The tax relief provisions had initially expired in December 2013.
The Democratic-led House voted 127-13 on Thursday to approve the bill. The Republican-controlled Senate followed with a 30-4 vote.
Some Democrats objected to a $10 million provision that they said would extend an ineffective tax break for large companies. Rep. Ryan Tipping-Spitz introduced an amendment to boost a property tax fairness relief program instead, but the effort was killed.
Supporters of the bill say it will provide businesses with incentives to bring new jobs to Maine.
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