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ME Q2: Establishes a 3 percent tax on household income over $200,000

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> United States > Maine > Referenda > 2016 Referenda > Q2: Establishes a 3 percent tax on household income over $200,000

Office

Referendum

Honorific

Referendum - Abbr:

Type

General Election

Filing Deadline

August 01, 2016 - 12:00am Central

Polls Open

November 08, 2016 - 05:00am Central

Polls Close

November 08, 2016 - 07:00pm Central

Term Start

December 31, 2016 - 12:00pm

Term End

December 31, 2999 - 12:00pm

Contributor

Last Modified

RP May 23, 2017 11:42am

Data Sources

[Link]

Description

Do you want to add a 3% tax on individual Maine taxable income above $200,000 to create a state fund that would provide direct support for student learning in kindergarten through 12th grade public education?

This initiated bill establishes the Fund to Advance Public Kindergarten to Grade 12 Education for the purpose of improving the ability of the State to reach the annual target of 55%, as specified in statute, for the state share of the total cost of funding public education from kindergarten to grade 12, and for increasing direct support for student learning rather than administrative costs. Revenue for the fund is generated by a 3% surcharge on Maine taxable income over $200,000, beginning with tax years beginning on or after January 1, 2017.

PRIMARY/OTHER SCHEDULE