Loading chat...

ME LD2156

Bill

Status

Enrolled

3/3/2026

Primary Sponsor

Glenn Curry

Click for details

Origin

Senate

132nd Legislature

AI Summary

  • Allocates Maine's state ceiling on tax-exempt private activity bonds for calendar years 2026 and 2027 among four state-level bond issuers

  • Finance Authority of Maine receives $335 million for 2026 ($235 million previously allocated plus $100 million additional) and $125 million for 2027

  • Maine State Housing Authority allocation reduced from $100 million to $47.625 million for 2026, but receives $250 million for 2027

  • Treasurer of State receives $5 million and Maine Municipal Bond Bank receives $10 million for each calendar year

  • Enacted as emergency legislation to prevent bond issuance delays that could result in adverse rates or unavailable financing for projects

Legislative Description

An Act to Provide for the 2026 and 2027 Allocations of the State Ceiling on Private Activity Bonds

Economic Development

Last Action

Unfinished Business

3/12/2026

Committee Referrals

Housing1/7/2026

Full Bill Text

No bill text available