What is the status of LD1943?

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).

Who sponsored LD1943?

Dylan Pugh (D, 114), with 6 co-sponsors.

Where is the official record for LD1943?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1943&snum=132

Maine legislation · 132nd Legislature

Maine LD1943: Resolve, to Establish a Commission to Study the Role of Private Equity in Maine's Economy and in Key Economic Sectors

Q: What is LD1943?

LD1943 is a bill in the Maine Legislature (132nd Legislature): Resolve, to Establish a Commission to Study the Role of Private Equity in Maine's Economy and in Key Economic Sectors.

Q: What does LD1943 do?

In its own words: A bill related to this report to the Second Regular Session of the 132nd Legislature.' Amend the resolve by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively. SUMMARY 1166 This amendment, which is the majority report of the committee, makes the following 1177 changes to the resolve. 1. It adds a definition for "private equity." 2. It limits the focus of the commission to state and local impacts, not national impacts. 3. It requires that Legislators appointed to the commission from the Senate and the House of Representatives represent the 2 partie.

Status: Failed, April 29, 2026

What the bill says

A bill related to this report to the Second Regular Session of the 132nd Legislature.' Amend the resolve by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively. SUMMARY 1166 This amendment, which is the majority report of the committee, makes the following 1177 changes to the resolve. 1. It adds a definition for "private equity." 2. It limits the focus of the commission to state and local impacts, not national impacts. 3. It requires that Legislators appointed to the commission from the Senate and the House of Representatives represent the 2 partie.

From the engrossed text:

a bill related to this report to the Second Regular Session of the 132nd Legislature.' Amend the resolve by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively. SUMMARY 1166 This amendment, which is the majority report of the committee, makes the following 1177 changes to the resolve. 1. It adds a definition for "private equity." 2. It limits the focus of the commission to state and local impacts, not national impacts. 3. It requires that Legislators appointed to the commission from the Senate and the House of Representatives represent the 2 parties holding the largest number of seats in the Legislature. 4. It clarifies which state agencies are to be represented on the commission and requires the commissioners of those agencies to appoint agency representatives, not the President of the Senate or the Speaker of the House. 5. It adds representatives from private equity firms based in the State to the commission. 6. It requires the commission to consult with organizations involved in private investment intended to spur innovation and business-specific growth in the State. 7. It requires the commission's report to be submitted to the Joint Standing Committee on Housing and Economic Development, not the Joint Standing Committee on Health Coverage, Insurance and Financial Services. 8. It adds provisions required by Joint Rule 353 …

Read the full official text

Maine LD1943: Resolve, to Establish a Commission to Study the Role of Private Equity in Maine's Economy and in Key Economic Sectors

What the bill says

Sponsors

Latest actions

Common questions