Loading chat...
ME LD1475
Bill
Status
5/21/2025
Primary Sponsor
Grayson Lookner
Click for details
AI Summary
-
Establishes a 10-member Commission on Taxation of Digital Assets, with 5 members appointed by the Senate President and 5 by the House Speaker, including legislators from the Joint Standing Committee on Taxation, taxation and economics experts, a cryptocurrency expert, and business community representatives
-
Commission must review tax policies for digital assets including cryptocurrency and nonfungible tokens (NFTs), identify policies used in other states, and recommend approaches for Maine
-
Report with findings, recommendations, and suggested legislation due to the Joint Standing Committee on Taxation by December 3, 2025
-
Requires outside funding contributions within 30 days of the resolve's effective date; if insufficient funding is received, no meetings or expenses are authorized
-
Legislative Council provides staffing support, except during regular or special legislative sessions
Legislative Description
Resolve, to Establish the Commission to Study the Taxation of Digital Assets
Sales And Use Tax
Last Action
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
5/21/2025