LD195 is a bill in the Maine Legislature (132nd Legislature): An Act to Create the Small Business Capital Savings Account Program.

What is the status of LD195?

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).

Stewart, Trey L. (R, 2), with 9 co-sponsors.

Where is the official record for LD195?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=195&snum=132

Maine legislation · 132nd Legislature

Maine LD195: An Act to Create the Small Business Capital Savings Account Program

Q: What does LD195 do?

In its own words: An Act to Create the Small Business Capital Savings Account Program" Amend the bill in section 1 in §13100-A in subsection 2 in paragraph B in subparagraph (4) in the first line (page 1, line 19 in L.D.) by striking out the following: "99" and inserting the following: '49' Amend the bill in section 1 in §13100-A in subsection 8 in the first and 2nd lines (page 2, lines 35 and 36 in L.D.) by striking out the following: "committee of the Legislature having jurisdiction over taxation matters" and inserting the following: 'committees of the Legislature having jurisdiction over taxation matters and.

Status: Failed, April 29, 2026

What the bill says

An Act to Create the Small Business Capital Savings Account Program" Amend the bill in section 1 in §13100-A in subsection 2 in paragraph B in subparagraph (4) in the first line (page 1, line 19 in L.D.) by striking out the following: "99" and inserting the following: '49' Amend the bill in section 1 in §13100-A in subsection 8 in the first and 2nd lines (page 2, lines 35 and 36 in L.D.) by striking out the following: "committee of the Legislature having jurisdiction over taxation matters" and inserting the following: 'committees of the Legislature having jurisdiction over taxation matters and.

From the engrossed text:

An Act to Create the Small Business Capital Savings Account Program" Amend the bill in section 1 in §13100-A in subsection 2 in paragraph B in subparagraph (4) in the first line (page 1, line 19 in L.D.) by striking out the following: "99" and inserting the following: '49' Amend the bill in section 1 in §13100-A in subsection 8 in the first and 2nd lines (page 2, lines 35 and 36 in L.D.) by striking out the following: "committee of the Legislature having jurisdiction over taxation matters" and inserting the following: 'committees of the Legislature having jurisdiction over taxation matters and over economic development matters' Amend the bill in section 1 in §13100-A in subsection 8 in the 10th line (page 3, line in L.D.) by striking out the following: "The" and inserting the following: 'Either' Amend the bill by inserting after section 6 the following: 'Sec. 7. Appropriations and allocations. The following appropriations and allocations are made. ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF Revenue Services, Bureau of 0002 Initiative: Provides one-time funding for computer programming costs. GENERAL FUND 2025-26 2026-27 All Other $0 $12,844 __________ __________ GENERAL FUND TOTAL $0 $12,844 ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF DEPARTMENT TOTALS 2025-26 2026-27 Page 1 - 132LR0720(02) COMMITTEE AMENDMENT COMMITTEE AMENDMENT " " to S.P. 95, L.D. GENERAL FUND $0 …

Read the full official text

Maine LD195: An Act to Create the Small Business Capital Savings Account Program

What the bill says

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