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ME LD382

Bill

Status

Failed

2/3/2026

Primary Sponsor

Joseph Martin

Click for details

Origin

Senate

132nd Legislature

AI Summary

  • Establishes a revenue sharing system for commercial, industrial, and recreational use of Maine's coastal resources, with direct benefits to affected communities

  • Creates a standardized fee and royalty schedule based on the type and scale of coastal resource activities conducted

  • Distributes revenue through a formula that allocates portions to both the State (for administration, enforcement, and oversight) and to affected communities and stakeholders

  • Creates a new revenue sharing board with representatives from state agencies, municipal governments, and other stakeholders to administer fee collection and revenue distribution

  • Submitted as a concept draft under Joint Rule 208, meaning specific statutory language has not yet been developed

Legislative Description

An Act to Establish a System of Revenue Sharing for the Use and Management of Coastal Resources

Funding

Last Action

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

2/3/2026

Committee Referrals

Taxation2/4/2025

Full Bill Text

No bill text available