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ME LD2094
Bill
Status
1/7/2026
Primary Sponsor
William Pluecker
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AI Summary
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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
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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
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Provides $4,000,000 to the Farmers Drought Relief Grant Program and $4,000,000 to the Maine Healthy Soils Program
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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
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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