Maine Amends Certain State Tax Laws

The Maine Governor has enacted amendments to certain state tax laws. The law includes: 1) clarifying that the tobacco products tax on smokeless tobacco applies to smokeless tobacco products; 2) extending provisions related to federal bonus depreciation under Section 168(k) of the Internal Revenue Code to tax year 2025; and 3) clarifying the sales tax exemption for property used in production to correspond with the recent inclusion of leases in the definition of “sale”. The law takes effect 90 days after the legislative session adjourns. [H.P. 1469, enacted 04/13/26]

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