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ME LD698
Bill
Status
6/25/2025
Primary Sponsor
Rachel Talbot Ross
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AI Summary
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Redirects $4,473,000 in real estate transfer tax revenue from two housing funds to the General Fund for fiscal year 2025-26 only: $2,982,000 from the Housing Opportunities for Maine Fund and $1,491,000 from the Housing First Fund
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Appropriates $4,473,000 in one-time General Fund money to support emergency homeless shelter operations through the Maine State Housing Authority's shelter operating subsidy program
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Results in a net-zero fiscal impact overall, as the funding is shifted from special revenue funds to General Fund appropriations for the same total amount
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Approved by the Governor on July 1, 2025 as Public Law Chapter 460
Legislative Description
An Act to Sustain Emergency Homeless Shelters in Maine
Housing
Last Action
Roll Call Ordered Roll Call Number 652 Yeas 21 - Nays 12 - Excused 2 - Absent 0
6/25/2025