Governor LePage to propose legislation adopting provisions of federal tax extenders package.
Augusta, Maine - Today Governor Paul R. LePage announced his intention to propose legislation which would conform Maine’s income tax law to federal tax law. The governor’s proposal is necessary following changes made by the federal Tax Increase Prevention Act.
The legislation, known more commonly as the tax extenders bill, was signed into law by President Obama on December 19, 2014. The Act retroactively extended a number of federal tax relief provisions through the end of 2014 after they initially expired on December 31, 2013.
“Once again, Congress shirked