LD435 is a bill in the Maine Legislature (132nd Legislature): An Act to Expand the Historic Property Rehabilitation Tax Credit.

What is the status of LD435?

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 1 co-sponsor.

Where is the official record for LD435?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=435&snum=132

Maine legislation · 132nd Legislature

Maine LD435: An Act to Expand the Historic Property Rehabilitation Tax Credit

Q: What does LD435 do?

In its own words: An Act to Expand the Historic Property Rehabilitation Tax Credit" Amend the bill in Part A in section 3 in paragraph B in the 4th line (page 2, line 19 in L.D.) by striking out the following: "2026" and inserting the following: '2027' Amend the bill in Part A in section 7 in §5219-CCC in the first line (page 3, line 26 in L.D.) by striking out the following: "2024" and inserting the following: '2025' Amend the bill in Part A in section 7 in §5219-CCC in subsection 1 in paragraph E in the 2nd line (page 4, line 2 in L.D.) by striking out the following: "2025" and inserting the following: '2026'.

Status: Failed, April 29, 2026

What the bill says

An Act to Expand the Historic Property Rehabilitation Tax Credit" Amend the bill in Part A in section 3 in paragraph B in the 4th line (page 2, line 19 in L.D.) by striking out the following: "2026" and inserting the following: '2027' Amend the bill in Part A in section 7 in §5219-CCC in the first line (page 3, line 26 in L.D.) by striking out the following: "2024" and inserting the following: '2025' Amend the bill in Part A in section 7 in §5219-CCC in subsection 1 in paragraph E in the 2nd line (page 4, line 2 in L.D.) by striking out the following: "2025" and inserting the following: '2026'.

From the engrossed text:

An Act to Expand the Historic Property Rehabilitation Tax Credit" Amend the bill in Part A in section 3 in paragraph B in the 4th line (page 2, line 19 in L.D.) by striking out the following: "2026" and inserting the following: '2027' Amend the bill in Part A in section 7 in §5219-CCC in the first line (page 3, line 26 in L.D.) by striking out the following: "2024" and inserting the following: '2025' Amend the bill in Part A in section 7 in §5219-CCC in subsection 1 in paragraph E in the 2nd line (page 4, line 2 in L.D.) by striking out the following: "2025" and inserting the following: '2026' Amend the bill in Part B by striking out all of sections 2 and 3. Amend the bill by inserting after Part B the following: 'PART C Sec. C-1. 30-A MRSA §4722, sub-§1, ¶DD, as amended by PL 2021, c. 671, §1, is further amended by amending subparagraph (1), division (b) to read: (b) "Affordable housing project" means a multifamily rental housing project that contains at least 5 units of affordable housing and in which: (i) At least 50% of the aggregate square feet of the completed project is housing of which at least 50% of the aggregate square feet of the completed housing creates new affordable …

Read the full official text

Maine LD435: An Act to Expand the Historic Property Rehabilitation Tax Credit

What the bill says

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