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ME LD2094

Bill

Status

Introduced

1/7/2026

Primary Sponsor

William Pluecker

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Origin

House of Representatives

132nd Legislature

AI Summary

  • Authorizes $40,000,000 in general obligation bonds to support Maine's agricultural and forestry sectors, with bonds not to exceed a 10-year term

  • Allocates $24,000,000 to the Maine Agriculture, Food and Forest Products Investment Fund, split as $12,000,000 for forestry, $4,000,000 for milk producers, and $8,000,000 for other agriculture

  • Provides $4,000,000 to the Farmers Drought Relief Grant Program and $4,000,000 to the Maine Healthy Soils Program

  • Allocates $5,000,000 to the Maine Working Farmland Access and Protection Program and $3,000,000 to the Dairy Improvement Fund through the Finance Authority of Maine

  • Requires voter approval at a November statewide election, with the bond becoming effective 30 days after the Governor proclaims majority voter approval

Legislative Description

An Act to Authorize a General Fund Bond Issue to Support Maine's Agricultural and Forestry Sectors

Bond Issues

Last Action

The Bill was REFERRED to the Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS in concurrence

1/7/2026

Committee Referrals

Appropriations And Financial Affairs1/7/2026

Full Bill Text

No bill text available