What is the status of LD756?

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).

Cameron Reny (D, 13), with 7 co-sponsors.

Where is the official record for LD756?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=756&snum=132

Maine legislation · 132nd Legislature

Maine LD756: An Act Creating and Sustaining Jobs Through the Development of Cooperatives and Employee-owned Businesses by Providing Tax Deduc

Q: What is LD756?

LD756 is a bill in the Maine Legislature (132nd Legislature): An Act Creating and Sustaining Jobs Through the Development of Cooperatives and Employee-owned Businesses by Providing Tax Deduc.

Q: What does LD756 do?

In its own words: An Act Creating and Sustaining Jobs Through the Development of Cooperatives and Employee-owned Businesses by Providing Tax Deductions for Certain Qualified Business Activities" Amend the bill by striking out all of sections 1 and 2. Amend the bill in section 3 in paragraph AAA in subparagraph (5) in the first line (page 2, line 7 in L.D.) by striking out the following: "A producer" and inserting the following: 'An agricultural' Amend the bill in section 4 in paragraph BBB in subparagraph (2) in division (a) in subdivision (v) in the first line (page 2, line 39 in L.D.) by striking out the foll.

Status: Failed, April 29, 2026

An Act Creating and Sustaining Jobs Through the Development of Cooperatives and Employee-owned Businesses by Providing Tax Deductions for Certain Qualified Business Activities

What the bill says

An Act Creating and Sustaining Jobs Through the Development of Cooperatives and Employee-owned Businesses by Providing Tax Deductions for Certain Qualified Business Activities" Amend the bill by striking out all of sections 1 and 2. Amend the bill in section 3 in paragraph AAA in subparagraph (5) in the first line (page 2, line 7 in L.D.) by striking out the following: "A producer" and inserting the following: 'An agricultural' Amend the bill in section 4 in paragraph BBB in subparagraph (2) in division (a) in subdivision (v) in the first line (page 2, line 39 in L.D.) by striking out the foll.

From the introduced text:

An Act Creating and Sustaining Jobs Through the Development of Cooperatives and Employee-owned Businesses by Providing Tax Deductions for Certain Qualified Business Activities" Amend the bill by striking out all of sections 1 and 2. Amend the bill in section 3 in paragraph AAA in subparagraph (5) in the first line (page 2, line 7 in L.D.) by striking out the following: "A producer" and inserting the following: 'An agricultural' Amend the bill in section 4 in paragraph BBB in subparagraph (2) in division (a) in subdivision (v) in the first line (page 2, line 39 in L.D.) by striking out the following: "A producer" and inserting the following: 'An agricultural' Amend the bill in section 4 in paragraph BBB by inserting after division (c) the following: 'As used in this paragraph, "qualified business acquisition loan" means a loan extended by the ownership entity as an element of the transfer of its ownership interest pursuant to paragraph AAA.' Amend the bill in section 5 in paragraph JJ in subparagraph (5) in the first line (page 3, line 19 in L.D.) by striking out the following: "A producer" and inserting the following: 'An agricultural' Amend the bill in section 6 in paragraph KK in subparagraph (2) in division (a) in subdivision (v) in the first line (page 4, line 12 in …

Read the full official text

Maine LD756: An Act Creating and Sustaining Jobs Through the Development of Cooperatives and Employee-owned Businesses by Providing Tax Deduc

What the bill says

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