State of Maine Legislature

Summary of LD 1217

Bill Info

LD 1217 (SP 506)

"An Act Regarding the New Markets Tax Credit and the Maine New Markets Capital Investment Program"

Sponsored by Senator Harold Stewart

Status Summary
Reference Committee	Taxation
Last House Action	6/18/2025 -  PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
Last Senate Action	6/25/2025 -  On motion by Senator ROTUNDO of Androscoggin taken from the Special Appropriations Table Motion by Senator TIPPING of Penobscot to COMMIT Bill and accompanying papers to the Committee on Taxation FAILED Roll Call Ordered Roll Call Number 657 Yeas 12 - Nays 21 - Excused 2 - Absent 0 Subsequently, PASSED TO BE ENACTED in concurrence. Held at the Request of GROHOSKI of Hancock RELEASED. Motion by Senator STEWART of Aroostook to RECONSIDER whereby the Bill was PASSED TO BE ENACTED FAILED Roll Call Ordered Roll Call Number 659 Yeas 12 - Nays 21 - Excused 2 - Absent 0
Last Engrossed by House on	6/17/2025
Last Engrossed by Senate on	6/16/2025
Governor Action	Signed by the Governor
Chapter	497
Final Law Type	Public Law
Date	7/7/2025