LD191 is a bill in the Maine Legislature (132nd Legislature): An Act to Support Maine Businesses by Establishing a Pass-through Entity Tax and Tax Credit.

What is the status of LD191?

Failed as of April 29, 2026. Latest action: Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD) (April 29, 2026).

Tavis Hasenfus (D, 57), with 2 co-sponsors.

Where is the official record for LD191?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=191&snum=132

Maine legislation · 132nd Legislature

Maine LD191: An Act to Support Maine Businesses by Establishing a Pass-through Entity Tax and Tax Credit

Q: What does LD191 do?

In its own words: An Act to Support Maine Businesses by Establishing a Pass-through Entity Tax and Tax Credit" Amend the bill by striking out everything after the enacting clause and inserting the following: 'PART A Sec. A-1. 36 MRSA §5122, sub-§1, ¶QQ is enacted to read: QQ. For tax years beginning on or after January 1, 2026, an amount equal to the sum of the taxpayer's distributive share of tax imposed by chapter 815, subchapter 3 and the taxpayer's distributive share of tax imposed by another state of the United States, a political subdivision of any such state or the District of Columbia that is substantia.

Status: Failed, April 29, 2026

What the bill says

An Act to Support Maine Businesses by Establishing a Pass-through Entity Tax and Tax Credit" Amend the bill by striking out everything after the enacting clause and inserting the following: 'PART A Sec. A-1. 36 MRSA §5122, sub-§1, ¶QQ is enacted to read: QQ. For tax years beginning on or after January 1, 2026, an amount equal to the sum of the taxpayer's distributive share of tax imposed by chapter 815, subchapter 3 and the taxpayer's distributive share of tax imposed by another state of the United States, a political subdivision of any such state or the District of Columbia that is substantia.

From the engrossed text:

An Act to Support Maine Businesses by Establishing a Pass-through Entity Tax and Tax Credit" Amend the bill by striking out everything after the enacting clause and inserting the following: 'PART A Sec. A-1. 36 MRSA §5122, sub-§1, ¶QQ is enacted to read: QQ. For tax years beginning on or after January 1, 2026, an amount equal to the sum of the taxpayer's distributive share of tax imposed by chapter 815, subchapter 3 and the taxpayer's distributive share of tax imposed by another state of the United States, a political subdivision of any such state or the District of Columbia that is substantially the same as the tax imposed under chapter 815, subchapter 3. Sec. A-2. 36 MRSA §5190, first ¶, as amended by PL 2019, c. 380, §1 and affected by §5, is further amended to read: A partnership is not subject to the tax imposed by this Part. Persons carrying on business as partners are liable for the tax imposed by this Part only in their separate or individual capacities. This section does not apply to the taxes imposed by chapters 819 and 827 or, the tax imposed on partnership audit adjustments pursuant to subchapter 2 or the tax imposed on pass-through entities pursuant to subchapter 3. Sec. A-3. 36 MRSA c. 815, sub-c. 3 is enacted to …

Read the full official text

Maine LD191: An Act to Support Maine Businesses by Establishing a Pass-through Entity Tax and Tax Credit

What the bill says

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