Maine legislation · 132nd Legislature
Maine LD1223: An Act to Establish an Income Tax Credit for Net Energy Billing Costs
Status: Vetoed, April 29, 2026
What the bill says
An Act to Lower Electric Rates for Maine Ratepayers by Requiring the Payment of Certain Costs from the General Fund" Amend the bill by striking out the title and substituting the following: 'An Act to Provide Ongoing Funding to the Net Energy Billing Cost Stabilization Fund' Amend the bill by striking out everything after the enacting clause and inserting the following: '.
From the engrossed text:
An Act to Lower Electric Rates for Maine Ratepayers by Requiring the Payment of Certain Costs from the General Fund" Amend the bill by striking out the title and substituting the following: 'An Act to Provide Ongoing Funding to the Net Energy Billing Cost Stabilization Fund' Amend the bill by striking out everything after the enacting clause and inserting the following: 'Sec. 1. Appropriations and allocations. The following appropriations and allocations are made. PUBLIC UTILITIES COMMISSION Net Energy Billing Cost Stabilization Fund Z457 Initiative: Provides ongoing funding to the Net Energy Billing Cost Stabilization Fund. GENERAL FUND 2025-26 2026-27 All Other $0 $78,033,000 __________ __________ GENERAL FUND TOTAL $0 $78,033,000 2262 ' Amend the bill by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively. Page 1 - 132LR1905(03) COMMITTEE AMENDMENT COMMITTEE AMENDMENT " " to H.P. 798, L.D. 1223 SUMMARY This amendment, which is the minority report of the committee, changes the title, replaces the bill and provides ongoing funding to the Net Energy Billing Cost Stabilization Fund. FISCAL NOTE REQUIRED (See attached) Page 2 - 132LR1905(03) COMMITTEE AMENDMENT
Sponsors
- Steven Foster (R, 32) · primary sponsor
- William Faulkingham (R, 12)
- Nicole Grohoski (D, 7)
- Reagan Paul (R, 37)
- Nathan Wadsworth (R, 82)
Latest actions
- : Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
- : On motion by Senator ROTUNDO of Androscoggin PLACED ON THE SPECIAL APPROPRIATIONS TABLE pending PASSAGE TO BE ENACTED, in concurrence.
- : PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
- : Reports READOn motion by Senator GROHOSKI of Hancock the Majority Ought to Pass as Amended by Committee Amendment "A" (H-1064) Report ACCEPTED. READ ONCE Committee Amendment "A" (H-1064) READ and ADOPTED Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment "A" (H-1064) in concurrence.
- : Reports READ.On motion of Representative SAYRE of Kennebunk, the Majority Ought to Pass as Amended Report was ACCEPTED.The Bill was READ ONCE.Committee Amendment "A" (H-1064) was READ and ADOPTED.Under suspension of the rules, the Bill was given its SECOND READING without REFERENCE to the Committee on Bills in the Second Reading.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (H-1064). Sent for concurrence. ORDERED SENT FORTHWITH.
- : Report READ and ACCEPTED and the Bill REFERRED to the Committee on TAXATION, in concurrence.
- : Representative SACHS from the Committee on ENERGY, UTILITIES AND TECHNOLOGY Reporting that the Bill be REFERRED to the Committee on TAXATION.Report was READ and ACCEPTED.The Bill was REFERRED to the Committee on TAXATIONSent for concurrence. ORDERED SENT FORTHWITH.
- : Carried over, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.
- : The Bill was REFERRED to the Committee on ENERGY, UTILITIES AND TECHNOLOGY in concurrence
- : Committee on Energy, Utilities and Technology suggested and ordered printed. The Bill was REFERRED to the Committee on ENERGY, UTILITIES AND TECHNOLOGY.Sent for concurrence. ORDERED SENT FORTHWITH.
Subjects: LOWER RATES, Legislature, Senate, Other, ELECTRIC UTILITIES, RATES
Common questions
- What is LD1223?
- LD1223 is a bill in the Maine Legislature (132nd Legislature): An Act to Establish an Income Tax Credit for Net Energy Billing Costs.
- What does LD1223 do?
- In its own words: An Act to Lower Electric Rates for Maine Ratepayers by Requiring the Payment of Certain Costs from the General Fund" Amend the bill by striking out the title and substituting the following: 'An Act to Provide Ongoing Funding to the Net Energy Billing Cost Stabilization Fund' Amend the bill by striking out everything after the enacting clause and inserting the following: '.
- What is the status of LD1223?
- Vetoed 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).
- Who sponsored LD1223?
- Steven Foster (R, 32), with 4 co-sponsors.
- Where is the official record for LD1223?
- On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1223&snum=132
Source: official Maine record. Tracked by Delilah, AI for legislation across all 50 states and Congress.