Title

State officials are trying to rush a bill through the Legislature that would all

Authors

Source

Portland Press Herald

Date

3-30-1994

Pages

1A, 12A

Abstract

State officials are trying to rush a bill through the Legislature that would allow companies investing $5 million and creating 100 jobs over a two-year period to deduct up to $500,000 annually from their state income tax bills. Under the current law, a company must invest $5 million and create 200 jobs in a one year period to be eligible for a tax deduction. Rainbow Rug in Sanford and General Electric in Bangor would benefit immediately under the new standards. Details.

Subjects

Bills, Legislative

Recommended Citation

"State officials are trying to rush a bill through the Legislature that would all" (1994). Maine News Index – Portland Press Herald. 12117.
https://digitalcommons.portlandlibrary.com/news_pph/12117