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MaineLD 1044132nd Maine Legislature (2025-2026)House

An Act to Clarify the Qualifying Use of Tax Increment Financing for Extension of a Development District

Sponsored By: Amy Kuhn (Democratic)

Signed by Governor

TAX INCREMENT FINANCINGTAX INCREMENT FINANCING - USES EXPANDED

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

20-year extension for housing, transit projects

Beginning October 25, 2023, and for 10 calendar years, a tax-increment district can add 20 more years. To qualify, at least 75% of its tax increment revenue must fund affordable housing or transit-oriented development. An extended district keeps its original assessed value for tax calculations. Affordable housing serves households with income up to 120% of area median income (set by HUD). Original assessed value is the district’s taxable value on March 31 before the year it was designated; transit-oriented development links homes with transit, jobs, and shops in transit-served areas.

Tax-increment districts capped at 30 years

The law caps a tax-increment financing district at 30 tax years. The 30 years start in the tax year the district designation takes effect. A development program may instead start the term in the next tax year.

Sponsors & Cosponsors

Sponsor

  • Amy Kuhn

    Democratic • House

Cosponsors

  • Adam LEE

    Affiliation unavailable

  • Deqa Dhalac

    Democratic • House

  • Kelly Murphy

    Democratic • House

  • Matt Moonen

    Democratic • House

  • Teresa S. Pierce

    Democratic • Senate

  • William Bridgeo

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 98 • No: 75

Senate vote • 6/12/2025

ACCEPT MAJORITY OUGHT TO PASS REPORT

Yes: 25 • No: 10

House vote • 6/11/2025

ACC MAJ OUGHT TO PASS REP

Yes: 73 • No: 65

Actions Timeline

  1. Signed by Governor, ACTPUB Chapter 356

    6/18/2025

  2. PASSED TO BE ENACTED, in concurrence.

    6/13/2025Senate

  3. PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.

    6/13/2025House

  4. Reports ReadOn motion by Senator GROHOSKI of Hancock the Majority Ought to Pass Report ACCEPTED PREVAILED Roll Call Ordered Roll Call Number 477 Yeas 25 - Nays 10 - Excused 0 - Absent 0 READ ONCE Under suspension of the Rules, READ A SECOND TIME AND PASSED TO BE ENGROSSED in concurrence.

    6/12/2025Senate

  5. Reports READ.On motion of Representative CLOUTIER of Lewiston, the Majority Ought to Pass Report was ACCEPTED.ROLL CALL NO. 442(Yeas 73 - Nays 65 - Absent 11 - Excused 2)The Bill was READ ONCE.Under suspension of the rules, the Bill was given its SECOND READING without REFERENCE to the Committee on Bills in the Second Reading.The Bill was PASSED TO BE ENGROSSED.Sent for concurrence. ORDERED SENT FORTHWITH.

    6/11/2025House

  6. Carried over, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.

    3/21/2025House

  7. Received by the Clerk of the House on March 12, 2025.The Bill was REFERRED to the Committee on TAXATION pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.

    3/12/2025House

Bill Text

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