An Act to Develop Maine's Credentialed Workforce
Sponsored By: Holly Sargent (Democratic)
Became Law
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 0 benefits, 0 costs, 2 mixed.
Student loan help for priority jobs
Some student borrowers can get help repaying loans. You must have a degree or credential earned in the last 5 years and have eligible student loans. You must work in Maine in a priority occupation for at least 4 years. Before each payment, you and your employer must certify you worked in that job for the past 12 months. Payments are up to $25,000 per year, 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. Priority occupations are set by the Finance Authority using state workforce needs.
Maine workforce program and fund launched
The law creates the Maine Credentialed Workforce Program and a nonlapsing fund inside the Finance Authority. The fund can hold state, federal, and private money. Investment earnings and unused money stay in the fund for this program, and federal funds follow federal rules. The Authority can also use fund dollars to pay program administration costs. The Authority must publish the list of priority jobs and the application dates and deadlines each cycle. The Authority can adopt routine rules to run the program. The budget provides $500 in 2025–26 and $500 in 2026–27 to authorize spending from the fund.
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
5/1/2026PASSED 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
Enacted
Engrossed
Introduced
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