8
March 29, 2018 Again this week, the Joint Standing Committee on Taxation continued to hold work sessions on LD 1655, An Act to Update References to the United State Internal Revenue Code of 1986 contained in the Maine Revised Statutes (Emergency), sponsored by Sen. Dana Dow (R-Lincoln). The taxation committee focused on the provisions in the tax con- formity bill that dealt with businesses and the international provisions this week. As we have indicated before, confor- mity is especially important as the feder- al government recently passed into law the federal Tax Cuts and Jobs Act on December 22, 2017. In addition to the excessive administrative burden with non-conformance that will be placed on Maine businesses, there are a number of other issues that will result if Maine fails to conform to the federal code. If Maine conforms to the code, busi- nesses will be allowed to take 100% bonus depreciation on assets. This will free up cash that could be used to reinvest in equip- ment or in their employees. If other states that we compete with adopt this bonus depreciation and Maine does not, it will place Maine companies at a competitive disadvantage when competing for capital. With respect to the international pro- visions, the federal code transitions the U.S. from a worldwide to a territorial tax system. The idea was to bring back investment to the U.S. whereas now com- panies hold assets outside the U.S. because of high tax rates in this country. The changes in the federal code lower the corporate tax rate to 21%, putting the U.S. on a level playing field with other countries. The federal code requires busi- nesses to pay a one-time tax on cash, cash equivalents, and non-cash assets that are “deemed repatriated” back to the U.S. These assets are currently overseas. Maine stands to gain $31 million in tax revenue from this “deemed repatriation.” If Maine fails to conform to the federal tax code, Maine loses that $31 million. There are a number of other prob- lems that will impact Maine, if the state does not conform. First, Maine Revenue Services (MRS) will lose the support of the federal government to audit the per- sonal exemptions. MRS depends largely on the feds to audit returns for fraud. If Maine does not conform to federal tax laws, filing would essentially be done on the “honor system,” and Maine will stand to lose thousands, if not millions, of dol- lars because MRS will not have access to the expertise of the IRS to verify taxpay- er data. Therefore, if the legislature does nothing with conformity this session, Maine would revert back to the 2016 income tax laws. The committee has plans to continue to discuss this issue all of next week. If you have any questions, please contact Linda Caprara by calling (207) 623-4568, ext. 106, or by emailing [email protected]. Tax committee still working on tax conformity Doing nothing should not be an option Majority of VLA committee approves referendum transparency legislation A strong majority of the Joint Standing Committee on Veterans and Legal Affairs has approved a bill that will assist in bringing added transparency to Maine’s ballot initiative process. Last Thursday afternoon, the VLA committee voted on LD 1865, An Act To Increase Transparency in the Direct Initiative Process, sponsored by Rep. Louis Luchini (D-Ellsworth). As drafted, the bill would make three changes to the law governing Maine’s referendum process: w First, it would make changes to the statements the Secretary of State would require on the petitions used to gather signatures. Specifically in the case of a paid signature gatherer, it would require the circulator’s name be printed on the petition, as well as the fact that the circulator is being paid to gather the signatures. w Second, it creates a conflict of inter- est for notaries who are employed or providing services to petitioners. w Third and lastly, the bill would require new financial reporting from major contributors to a direct initia- tive or People’s Veto effort. As defined, a major contributor is an Continued on Page 5...

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Page 1: March 29, 2018 Tax committee still working on tax ... · Maine would revert back to the 2016 income tax laws. The committee has plans to continue to discuss this issue all of next

March 29, 2018

Again this week, the Joint StandingCommittee on Taxation continued to holdwork sessions on LD 1655, An Act toUpdate References to the United StateInternal Revenue Code of 1986 containedin the Maine Revised Statutes(Emergency), sponsored by Sen. DanaDow (R-Lincoln). The taxation committeefocused on the provisions in the tax con-formity bill that dealt with businesses andthe international provisions this week.

As we have indicated before, confor-mity is especially important as the feder-al government recently passed into lawthe federal Tax Cuts and Jobs Act onDecember 22, 2017. In addition to theexcessive administrative burden withnon-conformance that will be placed onMaine businesses, there are a number ofother issues that will result if Maine failsto conform to the federal code.

If Maine conforms to the code, busi-nesses will be allowed to take 100% bonusdepreciation on assets. This will free upcash that could be used to reinvest in equip-ment or in their employees. If other statesthat we compete with adopt this bonusdepreciation and Maine does not, it willplace Maine companies at a competitivedisadvantage when competing for capital.

With respect to the international pro-visions, the federal code transitions theU.S. from a worldwide to a territorial taxsystem. The idea was to bring backinvestment to the U.S. whereas now com-panies hold assets outside the U.S.

because of high tax rates in this country.The changes in the federal code lower thecorporate tax rate to 21%, putting theU.S. on a level playing field with othercountries. The federal code requires busi-nesses to pay a one-time tax on cash, cashequivalents, and non-cash assets that are“deemed repatriated” back to the U.S.These assets are currently overseas.Maine stands to gain $31 million in taxrevenue from this “deemed repatriation.”If Maine fails to conform to the federaltax code, Maine loses that $31 million.

There are a number of other prob-lems that will impact Maine, if the statedoes not conform. First, Maine RevenueServices (MRS) will lose the support ofthe federal government to audit the per-sonal exemptions. MRS depends largelyon the feds to audit returns for fraud. IfMaine does not conform to federal taxlaws, filing would essentially be done onthe “honor system,” and Maine will standto lose thousands, if not millions, of dol-lars because MRS will not have access tothe expertise of the IRS to verify taxpay-er data. Therefore, if the legislature doesnothing with conformity this session,Maine would revert back to the 2016income tax laws.

The committee has plans to continueto discuss this issue all of next week. Ifyou have any questions, please contactLinda Caprara by calling (207) 623-4568,ext. 106, or by [email protected].

Tax committee still working on tax conformityDoing nothing should not be an option

Majority of VLA committee approves referendum transparencylegislation

A strong majority of the JointStanding Committee on Veterans andLegal Affairs has approved a bill that willassist in bringing added transparency toMaine’s ballot initiative process. LastThursday afternoon, the VLA committeevoted on LD 1865, An Act To IncreaseTransparency in the Direct InitiativeProcess, sponsored by Rep. LouisLuchini (D-Ellsworth). As drafted, thebill would make three changes to the lawgoverning Maine’s referendum process:

w First, it would make changes to thestatements the Secretary of Statewould require on the petitions used togather signatures. Specifically in thecase of a paid signature gatherer, itwould require the circulator’s namebe printed on the petition, as well asthe fact that the circulator is beingpaid to gather the signatures.

w Second, it creates a conflict of inter-est for notaries who are employed orproviding services to petitioners.

w Third and lastly, the bill wouldrequire new financial reporting frommajor contributors to a direct initia-tive or People’s Veto effort. Asdefined, a major contributor is an

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Inside Impact...2018 Business Day . . . . . . . . p. 4

Issues & Answers Forum . . . p. 7

New Legislation . . . . . . . . . . . p. 3

MaineSpark Summit . . . . . . . p. 2

Path of Legislation . . . . . . . . p. 6

Proficiency-Based Diplomas p. 2

Referendum Reform . . . . . . . p. 1

Regional Breakfasts . . . . . . . p. 8

Shipbuilding Tax Credit . . . . p. 3

Tax Conformity . . . . . . . . . . . p. 1

Workplace Marijuana Initiative . . . . . p. 5

Vol. 52, No. 10 Impact(207) 623-4568

Impact (ISSN 1055-3029) is published weeklyJanuary through June and monthly July throughDecember by the Maine State Chamber ofCommerce, 125 Community Dr., Suite 101,Augusta, Maine 04330-8010. Periodicals postagepaid at Augusta, Maine, and additional mailingoffices. Maine State Chamber member companiesare assessed $75.00 yearly for each newsletter sub-scription (subscribers or out-of-dues assessement).POSTMASTER: Please send any addresschanges to Impact, 125 Community Dr., Suite 101,Augusta, Maine 04330-8010.

Chairman of the Board of Directors: Charles “Wick” Johnson

President: Dana F. Connors

Information in this newsletter is intended to provideguidance, not legal advice. Since exact language anddefinitions of key terms are critical to understanding therequirements of legislation, rules or laws, we encourageyou to read each carefully. Articles and informationcontained in this newsletter may be reprinted with attri-bution given to: Maine State Chamber of Commerce.Please address comments to Melanie Baillargeon,director of communications. Information about theMaine State Chamber of Commerce may also beviewed on the Internet at: www.mainechamber.org. Ouremail address is [email protected].

About the Maine State Chamber ofCommerce: Since 1889, the Maine State Chamberhas been fighting to lower your cost of doing business.Through our Grassroots Action Network and OneVoiceprogram, we work with a network of approximately 5,000companies statewide who see the value in such a serviceand provide the financial support that keeps our access,advocacy, and assistance efforts going strong. AsMaine's Chamber, we make sure that the business envi-ronment of the state continues to thrive. The Maine StateChamber of Commerce advocates on behalf of their inter-ests before the legislature and regulatory agencies andthrough conferences, seminars, and affiliated programs.

LD 1666, An Act To Ensure theSuccessful Implementation of Proficiency-based Diplomas by Extending the Timelinefor Phasing in Their Implementation, had itsfifth scheduled work session on Tuesday,March 27. The Education and CulturalAffairs committee tabled the bill again afterlearning that the Department of Educationplans to present the committee with a newbill relating to proficiency-based diplomas.

It is our understanding that there willbe two new bills printed relating to profi-ciency-based diplomas. One bill would bea complete repeal of proficiency-baseddiplomas; the other is understood to be awatered-down version. Both proposalswill be brought forward as governor’s bills− one of the only ways to get a bill beforethe Legislature this late in the secondsession − and both will be scheduled forpublic hearings in the very near future.

Maine was the first state in the countryto embrace a new “proficiency-based” highschool diploma. Maine’s current ninth-graders are set to graduate under these newrequirements, which apply to subjects frommath to English and social studies.

The Maine State Chamber ofCommerce continues to support profi-ciency-based learning models. While thegraduation rate in Maine has been rising,

there is a gap between the percentage ofstudents who graduate and those who areproficient in math and reading, and athird of graduates who go onto college inMaine still need basic remedial courses.

In recent years, modern ideas forlearning based on proficiency have beenadopted in several states, and they arestarting to work. Proficiency-based learn-ing is aligned to make sure students havea mastery of a core subject before theyproceed to the next level. This systemtells us much more about what a studenthas learned; it gives us a better under-standing of a student’s specific strengthsand weaknesses; and, can also helpincrease students verbal and written com-munications skills. These are skillsemployers are reporting increasingly asmissing in younger workers.

Producing better-rounded and morehighly -skilled graduates will also keepbusinesses investing in our state, andpotentially attract more businesses toMaine. When our students succeed, Mainebusinesses succeed, and our state’s econo-my and competitiveness greatly benefits.

For additional information or ques-tions, please contact Megan Sanborn bycalling (207) 623-4568, ext. 108, or byemailing [email protected].

MaineSpark Summit: a day of action, reflection,and shared learning

MaineSpark is Maine’s statewide workforce initiative that has made a 10-yearcommitment to growing Maine’s credentialed workforce. MaineSpark is comprisedof Maine’s most influential education and business leaders, working together toensure that Maine’s workforce is productive and competitive. MaineSpark organi-zations connect people with the education, training, jobs, programs and resourcesneeded to thrive in Maine’s robust and changing economy.

On Friday, March 16, members of the MaineSpark steering committee, strate-gic tracks, and working groups convened at Thomas College in Waterville for a dayof action, reflection, and shared learning.

The morning session of the summit focused on specific programs and practicescurrently underway in Maine, that are working toward the initiative’s goal of 60%by 2025. Participants heard from organizations such as the Maine MunicipalAssociation, the Greater Portland Workforce Initiative, Jobs for Maine’s Graduates,and the Alfond Scholarship Foundation. Attendees also worked together to identifystrategies to strengthen the work of each track and learned about specific action stepstheir organizations could take to support the goal.

For additional information or questions about MaineSpark, please contactMegan Sanborn by calling (207) 623-4568, ext. 108, or by [email protected].

LD 1666 remains tabled in the Education committee

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On Thursday, March 29, the Houseand Senate both enacted LD 1781, An Actto Encourage New Major Investment inShipbuilding Facilities and thePreservation of Jobs, which was spon-sored by Rep. Jennifer Deschant (D-Bath). It will now make its way to theGovernor’s desk. The committee voted11-2 “ought-to-pass as amended.” Ofthose present, Sen. Dana Dow, Sen.Andre Cushing, Rep. Ryan Tipping, Rep.Denise Teppler, Rep. Steve Stanley, Rep.Gary Hilliard, Rep. Maureen Terry, Rep.Gay Grant, Rep. Karl Ward, Rep. BruceBickford, and Rep. Matt Pouliot votedfor the bill. Rep. Justin Chenette andRep. Cooper voted against the bill.

As originally drafted, the bill wouldprovide a 3% income tax credit forinvestments in shipbuilding facilities

made after January 1, 2018, as long ascertain employment levels are main-tained. Dana Connors, president of theMaine State Chamber of Commerce, tes-tified on January 30 in strong support ofLD 1781, noting that this bill will ensurefuture jobs and investment in Maine’sshipbuilding industry. BIW currently has5,600 employees with an average salaryof $60,820. Maine’s shipbuilding facili-ties credit expired in 2017. During thelifetime of that credit, the facility wasonly required to spend $200 million, butinstead spent more than two and a halftimes that amount ($500 million) sincereceiving the credit in 1998.

The bill was amended to change theduration of the tax credit to a maximumof 15 years, as opposed to 20 years. It

Legislature enacts Maine’s shipbuilding facilities credit

Bill will help to sustain jobs and investment in Maine’s shipbuilding industry

EDuCATIoNLD 1869, An Act To Establish the TotalCost of Education and the State and LocalContributions to Education for Fiscal Year2018-19 and To Provide That Employeesof School Management and LeadershipCenters Are Eligible To Participate in theMaine Public Employees RetirementSystem. (Sen. Langley, R-Hancock) JointStanding Committee on Education andCultural Affairs. This bill establishes thetotal cost of funding public education fromkindergarten to grade 12, the state contri-bution and the local contribution for fiscalyear 2018-19. This bill also provides thatemployees of school management and lead-ership centers established under the MaineRevised Statutes, Title 20-A, chapter 123are eligible to participate in the MainePublic Employees Retirement System.

EDuCATIoNLD 1870, An Act To Reorganize theProvision of Services for Children withDisabilities from Birth to 5 Years of Age.(Sen. Langley, R-Hancock) JointStanding Committee on Education andCultural Affairs. Over a 2-year transitionperiod, this bill moves responsibility forproviding special education and rlated ser-vices for children who are at least 3 yearsof age and under 6 years of age from theChild Development Services System, stateintermediate educational unit to the schooladministrative units of residence of thechildren. Under the bill, beginning July1, 2018, a school administrative unit thatis the unit of residence for a child with adisability who is at least 3 years of ageand under 6 years of age may becomeresponsible for providing special educa-tion and related services to that childthrough the implementation of an early

Digest of New Legislation

Maine Chamber staff have studied each ofthese recently printed bills to assess potentialimpact on business trends. If you have con-cerns regarding any bill, please communicatethose concerns to a member of our governmen-tal services staff at (207) 623-4568.

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Friday, April 13, 2018 w 8:00 a.m. to NoonStatehouse Hall of Flags

The Maine State Chamber of Commerceis hosting its annual Business Day at theStatehouse on Friday, April 13, 2018,from 8:00 a.m. to 12:00 p.m. in the Hallof Flags (Statehouse, Second Floor).

For more information or to RSVP,please contact Linda Caprara, director ofgrassroots advocacy, by calling (207)623-4568, ext. 106, or by emailing

[email protected]. With yourparticipation, the “Voice of MaineBusiness” will resonate throughout

Augusta!

Thank you to the sponsors of 2018Business Day at the Statehouse:

Allied Engineering, Inc.Backyard Farms, LLCBurns & McDonnell

Consolidated CommunicationsEmera MaineEMHSEnbridge

Hannaford Supermarkets IDEXX Laboratories, Inc.

Maine Department of Economic &Community Development

MaineHealthPoland Spring Water CompanyProcter & Gamble-Tambrands

Reed & ReedSpectrum Healthcare Partners

Texas Instruments

Shipbuilding Tax Credit...(Continued from Page 3...)

requires that a minimum investment of$100,000,000 be made to qualify for thefirst 10 years and an additional$100,000,000 to qualify for the next fiveyears. LD 1781 provides for a reducedcredit when employment levels dropbelow 5,500 employees and outlines thereduced credit along with the correspond-ing employment reductions, and removesthe provisions making the credit refund-able. It also clarifies that the applicantcannot receive benefits under the PineTree Zone Development Program andunder the shipbuilding facility credit.

If you have any questions, pleasecontact Linda Caprara by calling (207)623-4568, ext. 106, or by [email protected].

adopter program. The bill amends sever-al sections of law by removing referencesto the Child Development ServicesSystem. This bill eliminates the ChildDevelopment Services System and movesthe entire responsibility for providing ser-vices to children from birth to under 3years of age to the Department ofEducation’s office of special services.The funding plan continues the presentarrangement of full responsibility forcosts being shared by state funds, federalfunds, the MaineCare program and pri-vate insurers. The intent of the changes tothe Child Development Services Systemstatutes are based on the belief that chil-dren with disabilities are best served bytheir local communities; children do betterwhen there are fewer transition points;there are efficiencies that can be achievedby eliminating duplicative state functionsand by maximizing existing services andfacilities at the local level; and the Stateshould continue its current practice offunding all services for preschool childrenwith disabilities that are not paid for withfederal funds, through the MaineCareprogram or from private sources.

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Referendum Reform...(Continued from Page 1...)

entity that makes contributions ofmore than $100,000 in aggregate to aballot direct initiative or People’sVeto. In this respect, the reportwould require the release of the nameand purpose of the contribution, thefive largest sources of income in theyear prior to the filing of the report,whether the organization receivedcontributions for the intent of influ-encing a ballot question, their taxexempt status, and whether they filedcampaign finance reports in otherjurisdictions.

As expected, the committee made anumber of modifications to the bill. Withrespect to the section dealing with thepetition itself and the circulators of theinitiative, the committee removed theprovisions requiring a statement on the

petition that the circulator was paid. Inseveral states where similar requirementshave been adopted, the courts have hand-ed down mixed rulings regarding its con-stitutionality and the infringement of freespeech rights.

Regarding the notary section, thecommittee amended the bill to clarify thata notary is not disqualified to administerthe oaths for petitions if the only serviceprovided was notorial acts. Finally, thecommittee clarified the reporting sectionof the bill, by placing language in statute(that had been in the rule), which says thata major contributor may exclude sourcesof funds from the “top five” section of thereport if those funds are restricted in pur-pose – that purpose being unrelated to thedirect initiative or people’s veto.

Peter Gore, vice president of govern-ment relations for the Maine StateChamber, testified in support of the bill.In his testimony, Gore indicated both theissue and the bill had been discussed at theMaine State Chamber’s recent Board of

Directors’ meeting. The Maine StateChamber and its Board strongly believethat greater transparency, accountability,clarity, and honesty in the state’s referen-dum process is a critical issue for the busi-ness community, and the state as a whole.

“We believe it will help Maine peo-ple to better understand who is behindthese efforts and to better decide whetherthose promoting its passage represent atrue grassroots effort or outside well-funded special interests that may put theirpolicy goals above the ordinary Maineperson,” Gore said. “And ordinary Mainepeople are not always those gathering sig-natures or working on the question.”

It is expected the VLA committee willreview the final language of the bill laterthis week and then it will go to the full leg-islature for consideration. The Maine StateChamber continues to strongly support LD1865. For additional information or ques-tions, please contact Peter Gore by calling(207) 623-4568, ext. 107, or by [email protected].

Workplace Marijuana Education Initiative

We are excited to announce a new free program that is being offered to Maineemployers as they grapple with the challenge of marijuana use by their employees.The law firm, Brann & Isaacson, working in partnership with business groups,including the Maine State Chamber of Commerce and the Retail Association ofMaine, will offer Maine employers guidance on managing marijuana in the work-place. Services include: w Telephone consultations;w Access to sample drug policies;w Workshops across the state; and,w Bulletins on new development.

If you want more information about tricky topics such as drug-testing for mar-ijuana, dealing with an impaired employee, understanding the differences betweenemployee use of medical versus recreational marijuana, this initiative will offer youlegal resources and education.

For information about this program, please contact Peter Lowe by calling (207)786-3566 or by emailing [email protected]. You may also want to visit Peter’swebpage at brannlaw.com.

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goVERNoR: After final passage(enactment) the bill is sent to thegovernor. The governor has 10days in which to sign or veto thebill. If the governor does not sign

the bill and the legislature is still insession, the bill after 10 days becomes law as if the gov-ernor signed it. If the legislature has adjourned for theyear the bill does not become law. This is called a“pocket veto.” If the legislature comes back into specialsession, the governor on the fourth day must deliver aveto message to the chamber of origin or the billbecomes law.

gENERAL oRDER: When the bill isreported to the floor it receives its first read-

ing and any committee amendments are adopt-ed at this time. The committee reports the bill tothe originating body as is, with amendment, witha divided report, or with a unanimous recom-

mendation of Ought Not to Pass.

S E C o N DCHAMBER:The bill goesthrough a sim-ilar process. If

the second cham-ber amends the bill, it isreturned to the first cham-ber for a vote on thechanges. It may then besent to a conference com-mittee to work out a com-promise agreeable to bothchambers. A bill receivesfinal legislative approvalwhen it passes both cham-bers in identical form.

SECoND READINg: The next legislativeday the bill is given its second reading andfloor amendments may be offered. Whenone chamber has passed the bill to beengrossed, it is sent to the other body for its

consideration. The House has a consent calen-dar for unanimous “Ought to Pass” or “Ought to Pass asAmended” bills which takes the place of First andSecond readings.

REPoRTINgBILLS FRoMCoMMITTEE:Comm i t t e ereports shall

include one of thefollowing recommendations: Ÿ Ought to Pass; Ÿ Ought to Pass as

Amended;Ÿ Ought to Pass in New

Draft; Ÿ Ought Not to Pass;Ÿ Refer to Another

Committee; or,Ÿ Unanimous Ought

Not to Pass.With the exception of

Unanimous Ought Not toPass, a plurality of thecommittee may vote tomake one of the other rec-ommendations. When thisoccurs, a minority reportor reports are required.

BILL DRAFTED: At the legislator's direc-tion, the Revisor's Office, Office of Policyand Legal Analysis, and Office of Fiscal andProgram Review staff provides research anddrafting assistance and prepares the bill inproper technical form.

IDEA DEVELoPED: A legislator decides tosponsor a bill, sometimes at the suggestion of aconstituent, interest group, public official, or thegovernor. The legislator may ask other legisla-tors in either chamber to join as co-sponsors.

BILL INTRoDuCED: The legislator givesthe bill to the Clerk of the House or Secretaryof the Senate. The bill is numbered, a sug-gested committee recommendation is madeand the bill is printed. The bill is placed on

the respective body's calendar.

CoMMITTEEREFERENCE:The bill isreferred toone of theJoint Standing

or Joint Select committeesin the originating branchand then sent to the otherbody for concurrence.

CoMMITTEE ACTIoN: When scheduledby the chairs, the committee conducts a pub-lic hearing where it accepts testimony sup-porting and opposing the proposed legisla-tion from any interested party. Notices of

public hearings are printed in newspapers withstatewide distribution.

LAW: A bill becomes law 90 daysafter the end of the legislative sessionin which it was passed. A bill canbecome law immediately if theLegislature, by a two-thirds vote ofeach chamber, declares that an emer-

gency exists. An emergency law takes effect on the datethe governor signs it unless otherwise specified in itstext. If a bill is vetoed, it will become law if theLegislature overrides the veto by a two-thirds vote ofthose members present and voting of both chambers.

Participate in democracy...

Maine’s Path of LegislationSource: State of Maine’s web site

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LuNCH SPoNSoR: As the Lunch Sponsor (one available;

$2,000), your company will be featuredduring lunch, as well as the introductions.Lunch sponsor benefits also include:Ÿ A half page program ad (3.25 inches

wide x 4.75 inches high);Ÿ One attendee registrationŸ Prominent positioning on the lunch tables;Ÿ Placement of your company’s logo on

the PowerPoint presentation shownthroughout lunch;

Ÿ Acknowledgment from podium;Ÿ Recognition on the day’s sponsor sig-

nage during lunch; and,Ÿ Recognition - logo in our Impact newslet-

ter as it pertains to coverage of event.

PRogRAM SPoNSoRS: As a Program Sponsor ($1,000),

your company will be featured through-out the day’s events. Program sponsorbenefits also include:Ÿ A half page program ad (3.25 inches

PREMIER SPONSOR: As the Premier Sponsor (one avail-

able; $3,000), your company will be featuredprestigiously throughout the day’s events.Premier sponsor benefits also include:Ÿ A full page program ad (3.25 inches

wide x 10 inches high);Ÿ One attendee registrationŸ Prominent positioning on the

PowerPoint presentation signageusing your company logo;

Ÿ Recognition from podium;Ÿ Prominent positioning on the day’s

sponsor signage at registration andduring event; and,

Ÿ Recognition - logo in our Impact newslet-ter as it pertains to coverage of event.

The Maine State Chamber of Commerce will host its 2018 Making Maine Work Issues and Answers Forum on Tuesday,June 26 at Maple Hill Farm. The major gubernatorial candidates have been invited to speak independently, one at a time.

This event is by invitation only, and will include Board of Director members of both the Maine State Chamber and MaineDevelopment Foundation and sponsors as well. We strive to engage high-level management people from the business community,who understand and are involved with legislative activity. In fact, few events held within our state assemble such an impressivegroup of business and elected leaders.

This is an opportunity to showcase your company to an audience of the state’s business leaders, as well as support a programthat examines the positions of the 2018 gubernatorial candidates on key business issues and discusses critical business issues in aneffort to develop a vision for a stronger Maine economy.

SPoNSoRSHIP oPPoRTuNITIESEvents of this caliber are made possible largely through the sponsorship support of members like you. Please consider one of

the following opportunities to showcase your company at this event.

PLEASE NOTE: Sponsorships are sold on a first come, first served basis, especially in cases where one exclusivesponsorship is available.

2018 Making Maine Work: Issues and Answers Forum

Tuesday, June 26, 2018 w Maple Hill Farm

wide x 4.75 inches high);Ÿ One attendee registrationŸ Placement of your company’s logo

on the PowerPoint presentation;Ÿ Acknowledgment from podium;Ÿ Recognition on the day’s sponsor sig-

nage during the event; and,Ÿ Listing in our Impact newsletter as it

pertains to coverage of event.

SuPPoRTINg SPoNSoRS:As a Supporting Sponsor ($750),

your company will be featured through-out the day’s events. Supporting sponsorbenefits also include:Ÿ Listing of your company name in the

event’s program book;Ÿ One attendee registrationŸ Listing of your company name on the

PowerPoint presentation;Ÿ Recognition on the day’s sponsor sig-

nage during the event; and,Ÿ Listing in our Impact newsletter as it

pertains to coverage of event.

Thank you for taking the time to review this material. We encourage you to seriously consider showcasing your company toMaine’s prominent legislative and business leaders. To reserve your preferred sponsorship, please contact Melody Rousseau by call-ing (207) 623-4568, ext. 102, or by emailing [email protected].

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Page 8: March 29, 2018 Tax committee still working on tax ... · Maine would revert back to the 2016 income tax laws. The committee has plans to continue to discuss this issue all of next

Periodicals

Postage Paid

Lisbon, ME

125 Community Drive, Suite 101Augusta, Maine 04330-8010

Lewiston AreaTues., April 24Fish Bones

American Grill,Lewiston

Presque Isle AreaWed., May 2

University of Maineat Presque Isle

Portland AreaTues., May 8

Anthem Blue Cross& Blue Shield, South Portland

Bangor AreaWed., May 23Jeff’s Catering,

Brewer

Regional BusinessBreakfastsfrom 7:30 a.m. to 9:00 a.m.

The Maine State Chamber works to bring together business leaders on a regional level through itsRegional Business Breakfast Meetings. Local business leaders provide valuable insight that is instrumental tothis open dialogue about business issues that affect your business, your community, and your state.

To register for this FREE event, please contact Kelsey Morrell by calling (207) 623-4568, ext. 104, orby emailing [email protected]. To sponsor this event, please contact Melody Rousseau by call-ing (207) 623-4568, ext. 102, or by emailing [email protected].

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