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An Act To Provide a Sales Tax Trade-in Credit for Core Parts
Be it enacted by the People of the State of Maine as follows:
Sec. 1.  36 MRSA §1752, sub-§1-I  is enacted to read:
 
1-I.  Core part.     "Core part" means a component that, when replaced, is returned to the manufacturer to be rebuilt and used again.
Sec. 2. 36 MRSA §1765, sub-§7, as amended by PL 2009, c. 207, §2, is further amended to read:
 
7. Special mobile equipment.   Special mobile equipment; or
Sec. 3. 36 MRSA §1765, sub-§8, as amended by PL 2009, c. 207, §3, is further amended to read:
 
8. Trailers and truck campers.   Trailers and truck campers.; or
Sec. 4.  36 MRSA §1765, sub-§10  is enacted to read:
 
10.  Core parts.     A core part when exchanged for a similar item for a similar use.
Sec. 5. Effective date. This Act takes effect October 1, 2015.
 
SUMMARY
This bill provides a sales tax trade-in credit for core parts. A core part is a component that, when replaced, is returned to the manufacturer to be rebuilt and used again.