# Maine LD 1939: An Act to Close Maine's Tax Loophole for Offshore Profit Shifting

Maine LD 1939, An Act to Close Maine's Tax Loophole for Offshore Profit Shifting, is a 132nd Maine Legislature (2025-2026) House bill sponsored by Ann Matlack (Democratic); status failed, last action 2026-04-06 (Reports READOn motion by Senator GROHOSKI of Hancock the Majority Ought Not to Pass Report ACCEPTED in concurrence. Placed in Legislative Files (DEAD)) (as of 2026-10-18).

- Canonical: https://policyrisk.com/state-bill/ME-LD1939-132
- 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 1939
- State: Maine
- Session: 132nd Maine Legislature (2025-2026)
- Title: An Act to Close Maine's Tax Loophole for Offshore Profit Shifting
- Status: failed
- Chamber: House
- Introduced: 2025-05-06
- Last action: 2026-04-06, Reports READOn motion by Senator GROHOSKI of Hancock the Majority Ought Not to Pass Report ACCEPTED in concurrence. Placed in Legislative Files (DEAD)
- Sponsor: Ann Matlack (Democratic)
- Cosponsors: 2
- Subjects: INCOME TAX, INCOME TAX - CORPORATIONS
- 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: Ann Matlack (Democratic), House
- Cosponsor: Daniel Sayre (Democratic), House
- Cosponsor: Mike Tipping (Democratic), Senate

## Actions (5)

- 2026-04-06: Reports READOn motion by Senator GROHOSKI of Hancock the Majority Ought Not to Pass Report ACCEPTED in concurrence. Placed in Legislative Files (DEAD) (Senate)
- 2026-04-06: Reports READ.On motion of Representative SAYRE of Kennebunk, the Majority Ought Not to Pass Report was ACCEPTED.Sent for concurrence. ORDERED SENT FORTHWITH. (House)
- 2025-06-25: Carried over, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800. (House)
- 2025-05-06: The Bill was REFERRED to the Committee on TAXATION in concurrence (Senate)
- 2025-05-06: 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=HP1298&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=HP1298&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-LD1939-132 (as of 2026-10-18).