Maine LD798: An Act to Authorize a General Fund Bond Issue to Fund Mass Timber Manufacturing

What the bill says

An Act to Authorize a General Fund Bond Issue to Fund Mass Timber Manufacturing Received by the Clerk of the House on February 27, 2025. Referred to the Committee on Appropriations and Financial Affairs pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. ROBERT B. HUNT Clerk Presented by Representative ZAGER of Portland…

From the introduced text:

An Act to Authorize a General Fund Bond Issue to Fund Mass Timber Manufacturing Received by the Clerk of the House on February 27, 2025. Referred to the Committee on Appropriations and Financial Affairs pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. ROBERT B. HUNT Clerk Presented by Representative ZAGER of Portland. Cosponsored by Senator FARRIN of Somerset and Representatives: DUCHARME of Madison, Speaker FECTEAU of Biddeford, GATTINE of Westbrook, WADSWORTH of Hiram, Senators: BLACK of Franklin, CYRWAY of Kennebec, President DAUGHTRY of Cumberland, ROTUNDO of Androscoggin. Printed on recycled paper Preamble. Two thirds of both Houses of the Legislature deeming it necessary in accordance with the Constitution of Maine, Article IX, Section 14 to authorize the issuance of bonds on behalf of the State of Maine to provide funds as described in this Act, Be it enacted by the People of the State of Maine as follows: Sec. 1. Authorization of bonds. The Treasurer of State is authorized, under the direction of the Governor, to issue bonds in the name and on behalf of the State in an amount not exceeding $50,000,000 for the purposes described in section 5 of this Act. The bonds are a pledge of the full faith and credit of the State. The bonds may not run for a period …

Read the full official text

Sponsors

• Samuel Zager (D, 116) · primary sponsor
• Russell Black (R, 5)
• Scott Cyrway (R, 16)
• Daughtry, Matthea E. L. (D, 23)
• John Ducharme (R, 71)
• Bradlee Farrin (R, 3)
• Ryan Fecteau (D, 132)
• Andrew Gattine (D, 126)
• Rotundo, Peggy R. (D, 21)
• Nathan Wadsworth (R, 82)

Latest actions

1. April 29, 2026: The Bill was in the possession of the Committee on Appropriations and Financial Affairs when the Legislature adjourned Sine Die and was placed in the Legislative Files. (DEAD)
2. June 25, 2025: Carried over, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.
3. March 21, 2025: Carried over, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.
4. February 27, 2025: Received by the Clerk of the House on February 27, 2025.The Bill was REFERRED to the Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.

Common questions

What is LD798?

LD798 is a bill in the Maine Legislature (132nd Legislature): An Act to Authorize a General Fund Bond Issue to Fund Mass Timber Manufacturing.

What does LD798 do?

In its own words: An Act to Authorize a General Fund Bond Issue to Fund Mass Timber Manufacturing Received by the Clerk of the House on February 27, 2025. Referred to the Committee on Appropriations and Financial Affairs pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. ROBERT B. HUNT Clerk Presented by Representative ZAGER of Portland…

What is the status of LD798?

Failed as of April 29, 2026. Latest action: The Bill was in the possession of the Committee on Appropriations and Financial Affairs when the Legislature adjourned Sine Die and was placed in the Legislative Files. (DEAD) (April 29, 2026).

Who sponsored LD798?

Samuel Zager (D, 116), with 9 co-sponsors.

Where is the official record for LD798?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=798&snum=132