All Roll Calls
Yes: 96 • No: 43
MaineLD 1951132nd Maine Legislature (2025-2026)SenateWALLET
An Act to Promote Food Processing and Manufacturing Facility Expansion and Create Jobs
Sponsored By: Harold Stewart
Signed by Governor
INCOME TAXINCOME TAX - CREDITS
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 1 costs, 1 mixed.
Refundable credit for plant investments
The law provides a refundable tax credit for food processing or manufacturing projects. You can claim 1.8% of your qualified investment each year for up to 20 years; for tax years starting on or after January 1, 2027, the rate is 2.0%. The credit starts with the first full tax year after the state issues a certificate of completion, or the tax year starting January 1, 2022, if later. The commissioner issues a certificate once you make a qualified investment and you or your parent or subsidiary meet the program’s rules; the certificate states your investment amount. Program caps apply: $200 million total across all projects and no more than $100 million per certificate.
Tougher rules to qualify for plant credit
Beginning July 1, 2025, to qualify you must invest at least $35 million in a Maine food processing or manufacturing facility. Only spending from April 1, 2019 through December 31, 2027 counts, and related companies’ spending is added together. You must employ at least 40 full-time workers based in Maine within 12 months after the facility starts up. At least 75% of your employees must have worked for you 12 months, and those workers must earn more than the county’s most recent per-person income. Certified applicants must also meet that 75% wage-and-tenure test each year to keep claiming the credit.
Older plant credit clauses removed
The law removes several older clauses in the plant credit. It repeals paragraph H in the eligibility section, one item in paragraph J, and two items in subsection 3, paragraph B. These repeals take effect July 1, 2025. Those rules no longer apply; applicants and administrators now follow the updated job, wage, and investment standards.
Sponsors & Cosponsors
Sponsor
Harold Stewart
Affiliation unavailable
Cosponsors
Donald Ardell
Republican • House
Gregory Swallow
Republican • House
Joseph Underwood
Republican • House
Lucien Daigle
Republican • House
Mark Babin
Republican • House
Roger Albert
Republican • House
Susan Bernard
Republican • Senate
Timothy Guerrette
Republican • House
Roll Call Votes
House vote • 6/25/2025
RECEDE AND CONCUR
Yes: 96 • No: 43
Actions Timeline
Signed by Governor, ACTPUB Chapter 489
7/1/2025PASSED TO BE ENACTED, in concurrence.
6/25/2025SenatePASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
6/25/2025HouseThe House RECEDED and CONCURRED to PASSAGE TO BE ENGROSSED as Amended by Committee Amendment "A" (S-400) as Amended by Senate Amendment "A" (S-488) thereto.ROLL CALL NO. 598(Yeas 96 - Nays 43 - Absent 10 - Excused 2)ORDERED SENT FORTHWITH.
6/25/2025HouseOn motion by Senator ROTUNDO of Androscoggin taken from the Special Appropriations Table On motion by Same Senator the Senate SUSPENDED THE RULES to RECONSIDER their actions whereby the Bill was PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment "A" (S-400) On further motion by Same Senator the Senate SUSPENDED THE RULES to RECONSIDER their actions whereby Committee Amendment "A" (S-400) was ADOPTED. On further motion by Same Senator Senate Amendment "A" (S-488) to Committee Amendment "A" (S-400) READ and ADOPTED. Committee Amendment "A" (S-400) as Amended by Senate Amendment "A" (S-488) thereto ADOPTED. PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (S-400) as Amended by Senate Amendment "A" (S-488) thereto in NON-CONCURRENCE. Sent down for concurrence.
6/25/2025SenateOn motion by Senator ROTUNDO of Androscoggin PLACED ON THE SPECIAL APPROPRIATIONS TABLE pending ENACTMENT in concurrence.
6/16/2025SenatePASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
6/16/2025HouseCONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (S-400).In concurrence. ORDERED SENT FORTHWITH.
6/16/2025HouseReport READ and ACCEPTED.READ ONCE.Committee Amendment "A" (S-400) READ and ADOPTED.Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (S-400).Ordered sent down forthwith for concurrence.
6/13/2025SenateThe Bill was REFERRED to the Committee on TAXATION.In concurrence. ORDERED SENT FORTHWITH.
5/7/2025HouseCommittee on TAXATION suggested and ordered printed REFERENCE to the Committee on TAXATION Ordered sent down forthwith for concurrence
5/7/2025Senate
Bill Text
Amendment C-A (S-400), adopted by House & Senate
Amendment S-A to C-A (S-488), adopted by House & Senate
Enacted
Introduced
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