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ME LD1943
Bill
Status
6/16/2025
Primary Sponsor
Dylan Pugh
Click for details
AI Summary
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Establishes the Commission to Study Private Equity Firms to examine private equity's role in Maine's economy, focusing on transparency, investment practices, and effects on energy, health care, housing, and nursing home sectors
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Commission membership includes 2 senators, 2 representatives, state agency officials from DHHS, Economic and Community Development, and Financial Services, plus academic experts, industry professionals, consumer advocates, and a corporate attorney
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Requires analysis of market share controlled by private equity in Maine, economic impacts on state and local economies, and potential loss of state revenue
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Commission must submit findings and recommendations to the Joint Standing Committee on Health Coverage, Insurance and Financial Services by December 3, 2025
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Joint standing committee may introduce related legislation in the Second Regular Session of the 132nd Legislature based on the commission's report
Legislative Description
Resolve, to Establish a Commission to Study the Role of Private Equity in Maine's Economy and in Key Economic Sectors
Economic Development
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