Employment Tax Increment Financing (ETIF)

If your for-profit, non-retail, non-utility business is adding a minimum of five net* new Maine jobs within a two-year period, it may be eligible for Maine's Employment Tax Increment Financing. Under the ETIF program, businesses are reimbursed up to 80% of their new employees' Maine income tax withholdings for up to 10 years. To qualify, new employees must receive an annual income greater the county's average per-capita income, and be provided access to group health insurance and an Employee Retirement Income Security Act (ERISA)-qualified retirement program.

*Companies with current Maine employees must exceed their existing employment level. For companies relocating with no previous Maine presence, all employees are considered "new".

The files below require either Microsoft Word or the Word Viewer.

Application material for 2011 certification

Please find below the 2011 Annual Reporting forms for Employment Tax Increment Financing reimbursements. Please complete and submit these reports to DECD by April 17, 2012.

• EDP Income Guidelines (Word)
• ETIF Worksheet A (Word)
• ETIF Worksheet B (Word)
• Cover Letter (Word)
• ETIF Reimbursement Application Instructions (Word)
• ETIF Application (Word)

Attn: Ron McKinnon
Department of Economic & Community Development
59 State House Station
Augusta, ME 04333-0059

If you have any questions regarding this information or your reimbursement eligibility, please contact our Business Answers toll free number at 1-800-872-3838 and a Governor’s Account Executive will be able to assist you.

Program Legislation and Rulemaking Information

• Statute (Word) (Revised June 9, 2005)
• Rule (Word) (Revised November 1, 2005)
• Single Business Enterprise Definition (Word)