Jobs and Investment Tax Credit (Maine)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Maine

Applies to States or Provinces Maine
Name Jobs and Investment Tax Credit (Maine)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Maine Revenue Services
Primary Website

Last Review 2014-09-15

Information Source


The Jobs and Investment Tax Credit is available to businesses that create at least 100 new jobs within two years and invest at least $5 million in one year. The credit is limited to tax liability or to $500,000, whichever is less. The credit can be carried forward seven years.

Policy Contact

Department Maine Department of Administrative and Financial Services
Division Revenue Services
Address P.O. Box 9107 Augusta, ME

Zip/Postal Code 04332-9107
Phone 207-626-8475
Fax 207-624-9694