Maine Dead tax bill shelved until next legislative year
The Maine Senate rejected a plan to repeal state inheritance taxes in favor of the federal estate tax system by a 23 to 9 vote. The measure would have cut the 3,500 annual returns and $8.5 million revenue to about 750 estate returns, drawing opposition from lawmakers who warned it could drive high income residents from Maine. supporters argued it would ease estate settlements and tax relief for surviving spouses.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Senate
Howard M. Trotsky
Bangor
Philip C. Jackson
R.harrison
Philip L. Merrill
D.portland
Sewall
Jerrold B. Speers
Winthrop
Maine House and Senate clash over item veto plan
Maine lawmakers head toward a split on the item veto for appropriations. The House backs a limited veto while the Senate seeks broader power to reduce parts of bills. If both chambers approve, the measure goes to voters after a two thirds vote in each house.
MENTIONED IN THIS ARTICLE
House
Senate
Augusta
Maine
MGA reviews bids on Evergreen Valley resort deal
The Maine Guarantee Authority will meet to review eight bids for the Evergreen Valley four season resort. Philip Clifford said a screening committee has opened the bids for presentation to authority members. The measure to let liquor manufacturers hold licenses was sent to Gov. Longley.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Maine Guarantee Authority
Evergreen Valley
MGA
Philip Clifford
Authority
House
Senate
James B. Longley
Fairview Wines
Gardiner
East Stoneham
Exeter North
Boston
Communications Club Meeting in Biddeford March 22
The Pine Tree Emergency Two-Way Communications Club will gather Monday March 22 at 7 p.m. at LeFoyer at the corner of Pool and Foss streets in Biddeford.
MENTIONED IN THIS ARTICLE
Pine Tree
Clu
LeFoyer
Pool and
Foss Streets
Biddeford
Proposed tax hike aims to ease burden on middle incomes in Maine
Maine lawmakers hear Rep. Philip A. Ingegneri propose a state income tax rise aimed at households earning between 15 000 and 50 000 dollars a year claiming it would be less burdensome than the school funding law while offering credits for retirees and a special rate for single household heads. He says the plan could add up to three million dollars a year beyond school funding and would spread high income in a single year across multiple years. Opponents warn of higher costs and a weaker economy.
MENTIONED IN THIS ARTICLE
Maine Chiefs of Police Association
Emile J. Fraser
D-Mexico
George Call
Lewiston
John Joyce
D-Portland
House
Easton
Senate
James B. Longley
Maine Guarantee Authority
MGA
Aroostook County
Augusta
Maine
Ingegneri
Pile
University of Maine
Associated Industries of Maine
Roderick E. Farnham
R-Hampden
Arnham
Curtis
Wyman
John R. McKernan Jr
R-Bangor
Maine Senate revisits 1250 pay raise debate
The Maine Senate plans to resume debate on a bill to keep the $1,250 legislative pay raise set to take effect in 1977. Senators defend the measure while others push cheaper options as caucuses split. The bill ties to changes in regular and special session pay and per diem rules, with no consensus on a path forward.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Senate
Jerrold B. Speers
Winthrop
Theodore S. Curtis
Rorono
State Government Committee
Meet
Curtis
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