# Maine LD 1863: An Act to Amend the Laws Governing the Maine Space Corporation Maine LD 1863, An Act to Amend the Laws Governing the Maine Space Corporation, is a 132nd Maine Legislature (2025-2026) Senate bill sponsored by Matthea E. L. Daughtry (Democratic); status signed, last action 2025-06-11 (Signed by Governor, ACTPUB Chapter 258); PRIA reads it as touching household money (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/ME-LD1863-132 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Maine LD 1863 - State: Maine - Session: 132nd Maine Legislature (2025-2026) - Title: An Act to Amend the Laws Governing the Maine Space Corporation - Status: signed - Chamber: Senate - Introduced: 2025-05-06 - Last action: 2025-06-11, Signed by Governor, ACTPUB Chapter 258 - Sponsor: Matthea E. L. Daughtry (Democratic) - Cosponsors: 6 - Subjects: ECONOMIC DEVELOPMENT, ECONOMIC DEVELOPMENT - PLANNING - Touches household money: yes - Economic provisions PRIA read: 3 ## Summary No summary available. ## Bill overview: provisions PRIA read - Bondholder protections and dissolution rules: benefit, low. The Legislature must terminate the corporation before it can dissolve. Before dissolution, all bonds, any premium, and interest must be paid, or enough money must be set aside in a trust for bondholders until maturity or redemption. After dissolution, remaining assets must go to 501(c)(3) purposes… - State-backed nonprofit powers for Maine Space Corporation: benefit, low. The law makes the Maine Space Corporation a nonprofit with public and charitable purposes under 501(c)(3). It is a quasi‑independent state entity and acts as a state instrumentality doing an essential government function. It can use all general nonprofit powers under Maine law. A majority of direct… - Privacy rules for Maine Space records: mixed, low. Most records and meetings of the corporation are public. Trade secrets and proprietary business, manufacturing, commercial, or financial information stay private. Business or marketing plans are public unless the owner asks for confidentiality and the corporation agrees they include proprietary inf… ## Sponsors and cosponsors - Sponsor: Matthea E. L. Daughtry (Democratic), Senate - Cosponsor: Craig V. Hickman (Democratic), Senate - Cosponsor: Daniel Ankeles (Democratic), House - Cosponsor: Chip Curry (Democratic), Senate - Cosponsor: Trey L. Stewart (Republican), Senate - Cosponsor: Poppy Arford (Democratic), House - Cosponsor: Ryan Fecteau (Democratic), House ## Actions (6) - 2025-06-11: Signed by Governor, ACTPUB Chapter 258 - 2025-06-03: PASSED TO BE ENACTED, in concurrence. (Senate) - 2025-06-03: PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH. (House) - 2025-06-03: Report was READ and ACCEPTED.The Bill was READ ONCE.Senate Amendment "A" (S-230) 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 Senate Amendment "A" (S-230).In concurrence. ORDERED SENT FORTHWITH. (House) - 2025-06-02: Report READ On motion by Senator CURRY of Waldo Tabled until Later in Today's Session, pending ACCEPTANCE of the Ought to Pass Report. Unfinished Business Taken from the table by the President Report ACCEPTED READ ONCE Under suspension of the Rules, READ A SECOND TIME. On motion by Senator CURRY of Waldo Senate Amendment "A" (S-230) READ and ADOPTED. Subsequently, PASSED TO BE ENGROSSED as Amended by Senate Amendment "A" (S-230) Sent down for concurrence (Senate) - 2025-05-06: Received by the Secretary of the Senate on May 1, 2025 and REFERRED to the Committee on HOUSING AND ECONOMIC DEVELOPMENT pursuant to Joint Rule 308.2 (Senate) ## Bill text - Amendment S-A (S-230), adopted by House & Senate: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0733&item=4&snum=132) - Enacted: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0733&item=5&snum=132) - Introduced: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0733&item=1&snum=132) ## Related bills - LD 1522: An Act to Establish the Maine Eviction Prevention Program (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 2067: An Act to Include Community Mental Health Workers Under the 1998 Special Plan for Retirement (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 - [Amendment S-A (S-230), adopted by House & Senate (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0733&item=4&snum=132) - [Enacted (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0733&item=5&snum=132) - [Introduced (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0733&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 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 2067: An Act to Include Community Mental Health Workers Under the 1998 Special Plan f…](https://policyrisk.com/state-bill/ME-LD2067-132) - [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-LD1863-132 (as of 2026-10-17).