ME LD2116

Removes the December 31, 2028 sunset date for Maine's affordable housing income tax credit, making the program permanent

Maintains the existing $10,000,000 annual allocation cap for the tax credit program, with unused amounts carrying forward to subsequent years

Preserves the $15,000,000 maximum allocation limit in any single calendar year

Continues the requirement that 10% of credits be set aside for qualified rural development preservation projects, with unused rural credits now carrying forward indefinitely rather than losing their rural designation after 2028

Eliminates the restriction that only carried-forward or returned credits could be allocated after December 31, 2028