An Act To Exempt Resident Minors' Income From Income Tax

LD 1363 exempts income earned by Maine residents under 18 years old from state income tax, applying to both the minor's own earnings and income earned by a dependent minor claimed by another taxpayer. The bill amends Maine tax code to remove such income from taxable calculations, effective for tax years beginning January 1, 2026. This directly affects minors and their families by eliminating tax liability on minor-earned income, such as wages or allowances. The exemption applies regardless of whether the minor is claimed as a dependent.