# Maine LD 1504: An Act to Support Small Businesses by Providing a Refundable Tax Credit to Certain Businesses to Offset Credit and Debit Card Transaction Fees

Maine LD 1504, An Act to Support Small Businesses by Providing a Refundable Tax Credit to Certain Businesses to Offset Credit and Debit Card Transaction Fees, is a 132nd Maine Legislature (2025-2026) House bill sponsored by Wayne Farrin (Democratic); status failed, last action 2025-05-27 (Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)) (as of 2026-10-18).

- Canonical: https://policyrisk.com/state-bill/ME-LD1504-132
- As of: 2026-10-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maine LD 1504
- State: Maine
- Session: 132nd Maine Legislature (2025-2026)
- Title: An Act to Support Small Businesses by Providing a Refundable Tax Credit to Certain Businesses to Offset Credit and Debit Card Transaction Fees
- Status: failed
- Chamber: House
- Introduced: 2025-04-08
- Last action: 2025-05-27, Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
- Sponsor: Wayne Farrin (Democratic)
- Cosponsors: 7
- Subjects: INCOME TAX, INCOME TAX - CREDITS
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Wayne Farrin (Democratic), House
- Cosponsor: Abden Simmons (Republican), House
- Cosponsor: Cameron D. Reny (Democratic), Senate
- Cosponsor: David Rollins (Democratic), House
- Cosponsor: Holly Stover (Democratic), House
- Cosponsor: Parnell Terry (Democratic), House
- Cosponsor: Paul Flynn (Republican), House
- Cosponsor: W. Crockett (Independent), House

## Actions (5)

- 2025-05-27: Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD) (Senate)
- 2025-05-13: Report READ and ACCEPTED The Bill was REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES in concurrence (Senate)
- 2025-05-13: Representative CLOUTIER from the Committee on TAXATION Reporting that the Bill be REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES.Report was READ and ACCEPTED.The Bill was REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICESSent for concurrence. ORDERED SENT FORTHWITH. (House)
- 2025-04-08: The Bill was REFERRED to the Committee on TAXATION in concurrence (Senate)
- 2025-04-08: Committee on Taxation suggested and ordered printed. The Bill was REFERRED to the Committee on TAXATION.Sent for concurrence. ORDERED SENT FORTHWITH. (House)

## Bill text

- Introduced: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0988&item=1&snum=132)

## Related bills

- LD 1522: An Act to Establish the Maine Eviction Prevention Program (failed)
- LD 2067: An Act to Include Community Mental Health Workers Under the 1998 Special Plan for Retirement (failed)
- LD 1665: An Act to Provide Property Tax Relief to Maine Families (failed)
- LD 1872: An Act to Reinvest in the Pension Funds of the Maine Public Employees Retirement System (failed)
- LD 1611: An Act to Decrease the Retirement Contributions Required for Teachers and State Employees (failed)
- LD 1294: An Act to Expand the Dependent Exemption Tax Credit (failed)

## Sources
- [Introduced (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0988&item=1&snum=132)

## Related
- [LD 1522: An Act to Establish the Maine Eviction Prevention Program](https://policyrisk.com/state-bill/ME-LD1522-132)
- [LD 2067: An Act to Include Community Mental Health Workers Under the 1998 Special Plan f…](https://policyrisk.com/state-bill/ME-LD2067-132)
- [LD 1665: An Act to Provide Property Tax Relief to Maine Families](https://policyrisk.com/state-bill/ME-LD1665-132)
- [LD 1872: An Act to Reinvest in the Pension Funds of the Maine Public Employees Retiremen…](https://policyrisk.com/state-bill/ME-LD1872-132)
- [LD 1611: An Act to Decrease the Retirement Contributions Required for Teachers and State…](https://policyrisk.com/state-bill/ME-LD1611-132)
- [LD 1294: An Act to Expand the Dependent Exemption Tax Credit](https://policyrisk.com/state-bill/ME-LD1294-132)
- [Maine bills](https://policyrisk.com/states/maine/bills)
- [Maine state hub](https://policyrisk.com/states/maine)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/ME-LD1504-132 (as of 2026-10-18).