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ME LD1734

Bill

Status

Enrolled

6/9/2025

Primary Sponsor

Matthea Larsen Daughtry

Click for details

Origin

Senate

132nd Legislature

AI Summary

  • Expands Maine's existing sales tax exemption for prescription medicines to include over-the-counter medicines and drugs labeled according to FDA requirements under 21 CFR Section 201.66

  • Covered OTC products include anesthetics, antacids, antibacterial/antifungal/antiviral medicines, antiseptics, astringents, contraceptive supplies and devices, eye/ear/nose medications, opioid antagonists, cough/cold/asthma/allergy products, and steroidal medicines

  • Explicitly excludes cannabis sales from the exemption

  • Effective date of January 1, 2026 for sales occurring on or after that date

  • Presented by Senate President Daughtry with bipartisan cosponsorship from 5 Senators and 4 Representatives

Legislative Description

An Act to Exempt Over-the-counter Medicines from the Sales and Use Tax

Sales And Use Tax

Last Action

CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.

6/25/2025

Committee Referrals

Taxation4/22/2025

Full Bill Text

No bill text available