Maine Revised Statutes Title 36 Sec. 5285 – Maine Children’s Trust Incorporated; checkoff
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1. Maine Children’s Trust Incorporated. Taxpayers who, when filing their returns, are entitled to a refund under this Part may designate that a portion of that refund be paid into the Maine Children’s Trust Incorporated established in Title 22, chapter 1058. A taxpayer who is not entitled to a refund under this Part may contribute to the Maine Children’s Trust Incorporated by including with that taxpayer’s return sufficient funds to make the contribution. Each individual income tax return form must contain a designation in substantially the following form: “Contributions to Maine Children’s Trust Incorporated: ( ) $5, ( ) $10, ( ) $25 or ( ) Other $ .”
[PL 1995, c. 639, §31 (AMD).]
Terms Used In Maine Revised Statutes Title 36 Sec. 5285
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Return: means any document, digital file or electronic data transmission containing information required by this Title to be reported to the State Tax Assessor. See Maine Revised Statutes Title 36 Sec. 111
- Tax: means the total amount required to be paid, withheld and paid over or collected and paid over with respect to estimated or actual tax liability under this Title, any credit or reimbursement allowed or paid pursuant to this Title that is recoverable by the assessor and any amount assessed by the assessor pursuant to this Title, including any interest or penalties provided by law. See Maine Revised Statutes Title 36 Sec. 111
- Taxpayer: means any person required to file a return under this Title or to pay, withhold and pay over or collect and pay over any tax imposed by this Title. See Maine Revised Statutes Title 36 Sec. 111
- Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
2. Contributions credited to the Maine Children’s Trust Incorporated. The State Tax Assessor shall determine annually the total amount contributed pursuant to subsection 1. Prior to the beginning of the next year, the State Tax Assessor shall deduct the cost of administering the Maine Children’s Trust Incorporated checkoff and report the remainder to the Treasurer of State, who shall forward that amount to the Maine Children’s Trust Incorporated, which is established in Title 22, chapter 1058.
[PL 2011, c. 685, §6 (AMD).]
3. Limitation on contributions.
[PL 1993, c. 600, Pt. A, §280 (RP).]
SECTION HISTORY
PL 1985, c. 441, §4 (NEW). PL 1987, c. 402, §A193 (AMD). PL 1993, c. 253, §2 (AMD). PL 1993, c. 600, §A280 (AMD). PL 1995, c. 639, §31 (AMD). PL 2011, c. 685, §6 (AMD).