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Taxation committee approves commission to study impacts of state’s tax policy on small business and working families

2/3/2020

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Commission excludes medium and large sized businesses in Maine
 
On Thursday, January 30, the Joint Standing Committee on Taxation voted 8-3 ought-to-pass-as-amended on LD 1929, Resolve, Establishing the Commission to Study Fair, Equitable and Competitive Tax Policy for Maine’s Working Families and Small Businesses, sponsored Rep. Ryan Fecteau (D-Augusta). The bill would establish an 11-member commission to study the impact of the state’s tax policy on working families and small businesses and develop recommendations designed to ensure the tax policy is fair and equitable while ensuring the state remains competitive.
The Maine State Chamber testified in opposition to the bill at its public hearing for several reasons. First, there were no requirements that an expert in tax policy serve on the commission. Secondly, as the Maine State Chamber testified, the focus on the report was only on one segment of the business community. The state’s tax policy impacts more than just small businesses. Large- and medium-sized businesses are as important and were not considered to serve on the commission.

The Taxation committee amended the bill to include a representative from Maine Municipal Association and a representative from Maine’s farming community, and to require that one commission member be an expert in tax policy.
             
If you have any questions, please contact Linda Caprara by calling (207) 623-4568, ext. 106, or by emailing lcaprara@mainechamber.org.
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Copyright Maine State Chamber of Commerce. All rights reserved.
 128 State Street | Suite 101 | Augusta, ME 04330-5630
 Phone: (207) 623-4568
For media inquiries, please contact Jen Webber, (207) 939-0213
For membership inquiries, please contact Mark Ellis. (207) 623-4568
  • About Us
    • Connect with Us
    • Affiliates & Partners
    • Our Board
    • Meet the Team
    • President's Message
    • External Social Media Policy
  • Membership
    • Benefits of Membership
    • Join the Chamber
    • Return on Investment
    • Member Search
  • Public Policy
    • Public Hearings of Interest
    • Legislation of Interest
    • Public Policy Committees
    • Grassroot Resources
    • Find Your Legislator >
      • Representatives
      • Senators
  • Events
    • Calendar of Events
    • 2022 Annual Meeting
    • Sponsorship Opportunities
    • Business Day at the Statehouse
    • Board Meetings & Board Events
    • DC Fly-In
    • Legislative Social
    • Policy Issues Workshops
    • Regional Breakfasts
    • Scramble for Scholars
    • Webinars by The Maine State Chamber of Commerce
  • Initiatives
    • Campus Career Connect
    • Dream It. Do It.
    • Education Foundation
    • Keep Maine Competitive
    • Maine Economic Research Institute (MERI)
    • This is ME Counting on You
    • Senior Leaders of Tomorrow Development Program
  • Newsroom
    • COVID-19 Resources
    • Impact Newsletter
    • MSCC Blog
    • The Bottom Line
    • The Maine Take
    • Making Maine Work
    • MERI Roll Call
    • OneVoice Maine Magazine
    • Policy Brief Series with Educate Maine
    • Press Kit
  • Member Login