AUGUSTA — Gov. Paul LePage’s state budget rewrite being presented to Maine lawmakers seeks tax breaks for retirees and military personnel.
The supplemental budget outlined today for the Appropriations Committee also seeks sales tax exemptions for wood harvesting equipment, matching exemptions already allowed for equipment used in fisheries and agricultural industries.
The adjustments to the overall two-year state budget, presented by Finance Commissioner Sawin Millett, address programs spanning state government. Spending of about $38 million is more than offset by savings.
It calls for increasing exemptions for retirement income from income taxes, and also starting in 2014, exempting from state income taxes military pay for service out of state.
The supplemental budget calls for eliminating the state’s funding for the Maine Public Broadcasting Corporation, among other changes.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.