Amend Maine's Corporate Income Tax by Increasing the Top Rate from 8.93 Percent to 12.4 Percent
|Sponsor:||Representative Heidi Brooks, House 61|
|Bill #:||LD 501|
UPDATE: The committee voted the bill unanimously Ought Not to Pass.
Representative Brooks of Lewiston would increase the income tax rate on corporations in the top income tax bracket from 8.93% to 12.4% for tax years beginning on or after January 1, 2022.