Maine LD2116: An Act to Extend the Sunset Date of the Affordable Housing Income Tax Credit

What the bill says

An Act to Extend the Sunset Date of the Affordable Housing Income Tax Credit.

From the engrossed text:

An Act to Extend the Sunset Date of the Affordable Housing Income Tax Credit Sec. 1. 36 MRSA §5219-WW, sub-§3, as enacted by PL 2019, c. 555, §6, is amended to carry-forward. The total credit amount available pursuant to this section and section 2534 to be allocated by the authority for each calendar year beginning on or after January 1, 2021 and ending on or before December 31, 2028 2036 is subject to the following limitations. A. The total allocation may not exceed $10,000,000. Any portion of that amount not allocated in a calendar year may be carried forward and available to be allocated in subsequent calendar years, except that: (1) Any previously allocated credits returned to the authority, excluding any credits recaptured under subsection 7, must be added to that amount; and (2) The authority may not allocate more than $15,000,000 in any calendar year. B. No more than 20% of credits allocated in any calendar year may be allocated under subsection 2, paragraph B. C. Ten percent of credits first available to be allocated in any calendar year must be set aside to be allocated for the purpose of qualified rural development preservation projects pursuant to subsection 2, paragraph B. Any portion of the amount under this paragraph not allocated in a calendar year must be carried forward …

Read the full official text

Sponsors

• Ambureen Rana (D, 21) · primary sponsor
• Curry, Chip (D, 11)
• Gary Friedmann (D, 14)
• Andrew Gattine (D, 126)
• Traci Gere (D, 134)
• Teresa Pierce (D, 25)

Latest actions

1. April 13, 2026: On motion by Senator ROTUNDO of Androscoggin taken from the Special Appropriations Table. Subsequently, PASSED TO BE ENACTED in concurrence.
2. April 6, 2026: On motion by Senator ROTUNDO of Androscoggin PLACED ON THE SPECIAL APPROPRIATIONS TABLE pending ENACTMENT in concurrence.
3. April 2, 2026: PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
4. April 2, 2026: Reports READ.On motion by Senator GROHOSKI of Hancock the Majority Ought to Pass as Amended Report ACCEPTED. READ ONCE. Committee Amendment "A" (H-917) READ and ADOPTED. Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment "A" (H-917) in concurrence.
5. March 30, 2026: Reports READ.On motion of Representative SAYRE of Kennebunk, the Majority Ought to Pass as Amended Report was ACCEPTED.ROLL CALL NO. 699(Yeas 73 - Nays 66 - Absent 11 - Excused 0 - Vacant 1)The Bill was READ ONCE.Committee Amendment "A" (H-917) 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-917). Sent for concurr
6. January 7, 2026: The Bill was REFERRED to the Committee on TAXATION in concurrence
7. January 7, 2026: Committee on Taxation suggested and ordered printed. The Bill was REFERRED to the Committee on TAXATION.Sent for concurrence. ORDERED SENT FORTHWITH.

Votes

• House RC #699: ACC MAJ OTP AS AMENDED REP (March 30, 2026): 73 yea, 66 nay, passed

Common questions

What is LD2116?

LD2116 is a bill in the Maine Legislature (132nd Legislature): An Act to Extend the Sunset Date of the Affordable Housing Income Tax Credit.

What does LD2116 do?

In its own words: An Act to Extend the Sunset Date of the Affordable Housing Income Tax Credit.

What is the status of LD2116?

Signed into law as of April 15, 2026. Latest action: On motion by Senator ROTUNDO of Androscoggin taken from the Special Appropriations Table. Subsequently, PASSED TO BE ENACTED in concurrence. (April 13, 2026).

Who sponsored LD2116?

Ambureen Rana (D, 21), with 5 co-sponsors.

Where is the official record for LD2116?

On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=2116&snum=132