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MaineLD 185132nd Maine Legislature (2025-2026)House

An Act to Expand Opportunities to Invest Municipal Tax Increment Financing Revenues

Sponsored By: Anne-Marie Mastraccio (Democratic)

Became Law

TAX INCREMENT FINANCINGTAX INCREMENT FINANCING - USES EXPANDED

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Bill Overview

Analyzed Economic Effects

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

More local uses for tax increment funds

Beginning June 15, 2025, towns and plantations can spend tax increment financing money on more local facilities. They can use up to 25% of a development district’s captured assessed value for building, renovating, or running public safety buildings, including emergency shelters (up from 15%). They can also pay up to 50% of capital costs to build or renovate central administrative offices they own and use, subject to the same 25% district cap. Each project must be tied to general economic development in the community.

Sponsors & Cosponsors

Sponsor

  • Anne-Marie Mastraccio

    Democratic • House

Cosponsors

  • Ann Fredericks

    Republican • House

  • Daniel Ankeles

    Democratic • House

  • David Rollins

    Democratic • House

  • Drew Gattine

    Democratic • House

  • Mark Blier

    Republican • House

  • Matt A. Harrington

    Republican • Senate

  • Suzanne Salisbury

    Democratic • House

  • Timothy E. Nangle

    Democratic • Senate

  • William Bridgeo

    Democratic • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. ACTPUB Chapter 310

    5/1/2026

  2. PASSED TO BE ENACTED, in concurrence.

    6/2/2025Senate

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

    5/29/2025House

  4. Report READ and ACCEPTED, in concurrence.READ ONCE.Committee Amendment "A" (H-255) READ and ADOPTED, in concurrence.Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (H-255), in concurrence.Ordered sent down forthwith.

    5/28/2025Senate

  5. CONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (H-255).Sent for concurrence. ORDERED SENT FORTHWITH.

    5/27/2025House

  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. The Bill was REFERRED to the Committee on TAXATION in concurrence

    1/14/2025Senate

  8. Committee on Taxation suggested and ordered printed. The Bill was REFERRED to the Committee on TAXATION.Sent for concurrence. ORDERED SENT FORTHWITH.

    1/14/2025House

Bill Text

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