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An Act To Provide an Income Tax Credit for Retailers Collecting Sales Tax
Be it enacted by the People of the State of Maine as follows:
Sec. 1.  36 MRSA §5219-OO  is enacted to read:
§ 5219-OO. Sales tax collection credit
A taxpayer that is a retailer, as defined in section 1752, subsection 10, that collects, reports and remits to the State more than $1,000 in sales tax under Part 3 during the tax year is allowed a credit of $100 against the tax imposed by this Part.
 
SUMMARY
This bill provides an income tax credit of $100 for retailers who collect, report and remit to the State more than $1,000 in sales tax during the tax year.