Maine legislation · 132nd Legislature
Maine LD185: An Act to Expand Opportunities to Invest Municipal Tax Increment Financing Revenues
Status: Signed into law, June 15, 2025
What the bill says
An Act to Expand Opportunities to Invest Municipal Tax Increment Financing Revenues.
From the introduced text:
An Act to Expand Opportunities to Invest Municipal Tax Increment Financing Revenues Sec. 1. 30-A MRSA §5225, sub-§1, ¶C, as amended by PL 2023, c. 142, §§1 to 3, is further amended by amending subparagraph (9) to read: (9) Costs related to the construction, renovation or operation of municipal or plantation public safety facilities, including facilities used as emergency shelters, the need for which is related to general economic development within the municipality or plantation, not to exceed 15% 25% of the captured assessed value of the development district; Sec. 2. 30-A MRSA §5225, sub-§1, ¶C, as amended by PL 2023, c. 142, §§1 to 3, is further amended by amending subparagraph (12) to read: (12) Up to 50% of the capital costs related to the construction or renovation of a municipality's or plantation's central administrative office facilities owned by a municipality or plantation and used to provide municipal or plantation services, the need for which is related to general economic development within the municipality or plantation, not to exceed 15% 25% of the captured assessed value of the development district; Page 1 - 132LR0589(03)
Sponsors
- Anne-Marie Mastraccio (D, 142) · primary sponsor
- Daniel Ankeles (D, 100)
- Mark Blier (R, 138)
- William Bridgeo (D, 60)
- Ann Fredericks (R, 143)
- Andrew Gattine (D, 126)
- Harrington, Matt A. (R, 33)
- Timothy Nangle (D, 26)
- David Rollins (D, 59)
- Suzanne Salisbury (D, 128)
Latest actions
- : PASSED TO BE ENACTED, in concurrence.
- : PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
- : Report READ and ACCEPTED, in concurrence.READ ONCE.Committee Amendment "A" (H-255) READ and ADOPTED, in concurrence.Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (H-255), in concurrence.Ordered sent down forthwith.
- : CONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (H-255).Sent for concurrence. ORDERED SENT FORTHWITH.
- : Carried over, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.
- : The Bill was REFERRED to the Committee on TAXATION in concurrence
- : Committee on Taxation suggested and ordered printed. The Bill was REFERRED to the Committee on TAXATION.Sent for concurrence. ORDERED SENT FORTHWITH.
Subjects: TAX INCREMENT FINANCING, GOVERNMENT FACILITIES, Legislature, Senate, Probate: patient advocates, Other
Common questions
- What is LD185?
- LD185 is a bill in the Maine Legislature (132nd Legislature): An Act to Expand Opportunities to Invest Municipal Tax Increment Financing Revenues.
- What does LD185 do?
- In its own words: An Act to Expand Opportunities to Invest Municipal Tax Increment Financing Revenues.
- What is the status of LD185?
- Signed into law as of June 15, 2025. Latest action: PASSED TO BE ENACTED, in concurrence. (June 2, 2025).
- Who sponsored LD185?
- Anne-Marie Mastraccio (D, 142), with 9 co-sponsors.
- Where is the official record for LD185?
- On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=185&snum=132
Source: official Maine record. Tracked by Delilah, AI for legislation across all 50 states and Congress.