An Act to Develop Maine's Credentialed Workforce
Sponsored By: Holly Sargent (Democratic)
Became Law
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
4 provisions identified: 1 benefits, 1 costs, 2 mixed.
Up to $100K toward student loans
The program pays up to $25,000 each year toward your eligible student loans. You can get payments for up to 4 years. Your total cannot be more than $100,000 or 50% of your eligible loan balance at application, whichever is less.
Maine launches priority jobs loan help
The law creates the Maine Credentialed Workforce Program run by the Finance Authority of Maine. A dedicated fund can receive state, federal, and private money, earn interest, and keep unspent funds. The Authority can make routine rules and will publish priority jobs and application dates. The fund may pay program administration costs. The law provides $500 for FY 2025–26 and $500 for FY 2026–27 as base allocations to allow spending of other money.
Who qualifies and 4-year job pledge
To apply, you must have an associate, bachelor’s, graduate degree, or a credential within the last 5 years. You must have eligible student loan debt. You agree to work in a Maine priority occupation for at least 4 years. The Finance Authority of Maine sets detailed eligibility rules.
Yearly job check to get payment
Before each annual payment, you and your employer must certify you worked in a priority occupation for the last 12 months. The Authority makes no payment until both certifications are received.
Sponsors & Cosponsors
Sponsor
Holly Sargent
Democratic • House
Cosponsors
Allison Hepler
Democratic • House
Christina Mitchell
Democratic • House
Janice Dodge
Democratic • House
Joseph Rafferty
Democratic • Senate
Kelly Murphy
Democratic • House
Laurie Osher
Democratic • House
Michael Brennan
Democratic • House
Mike Tipping
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
ACTPUB Chapter 324
6/17/2025PASSED TO BE ENACTED, in concurrence.
6/3/2025SenatePASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
6/3/2025HouseReports ReadOn motion by Senator RAFFERTY of York the Majority Ought to Pass as Amended Report ACCEPTED Bill READ ONCE Committee Amendment "A" (H-375) READ and ADOPTED. Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment "A" (H-375) in concurrence.
6/3/2025SenateReports READ.On motion of Representative MURPHY of Scarborough, the Majority Ought to Pass as Amended Report was ACCEPTED.The Bill was READ ONCE.Committee Amendment "A" (H-375) was READ and ADOPTED.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 as Amended by Committee Amendment "A" (H-375). Sent for concurrence. ORDERED SENT FORTHWITH.
6/2/2025HouseThe Bill was REFERRED to the Committee on EDUCATION AND CULTURAL AFFAIRS in concurrence
4/15/2025SenateCommittee on Education and Cultural Affairs suggested and ordered printed. The Bill was REFERRED to the Committee on EDUCATION AND CULTURAL AFFAIRS.Sent for concurrence. ORDERED SENT FORTHWITH.
4/15/2025House
Bill Text
Amendment C-A (H-375), adopted by House & Senate
Enacted
Introduced
Related Bills
LD 1522, An Act to Establish the Maine Eviction Prevention Program
LD 1665, An Act to Provide Property Tax Relief to Maine Families
LD 1872, An Act to Reinvest in the Pension Funds of the Maine Public Employees Retirement System
LD 2067, An Act to Include Community Mental Health Workers Under the 1998 Special Plan for Retirement
LD 1611, An Act to Decrease the Retirement Contributions Required for Teachers and State Employees
LD 1294, An Act to Expand the Dependent Exemption Tax Credit