# Maine LD 2060: An Act to Make Technical Changes to the Maine Uniform Securities Act and to Clarify the Securities Administrator's Authority to Grant Licensing Exemptions for Broker-Dealers

Maine LD 2060, An Act to Make Technical Changes to the Maine Uniform Securities Act and to Clarify the Securities Administrator's Authority to Grant Licensing Exemptions for Broker-Dealers, is a 132nd Maine Legislature (2025-2026) Senate bill sponsored by Donna Bailey (Democratic); status signed, last action 2026-04-03 (Signed by Governor, ACTPUB Chapter 602); PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/ME-LD2060-132
- 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 2060
- State: Maine
- Session: 132nd Maine Legislature (2025-2026)
- Title: An Act to Make Technical Changes to the Maine Uniform Securities Act and to Clarify the Securities Administrator's Authority to Grant Licensing Exemptions for Broker-Dealers
- Status: signed
- Chamber: Senate
- Introduced: 2025-12-15
- Last action: 2026-04-03, Signed by Governor, ACTPUB Chapter 602
- Sponsor: Donna Bailey (Democratic)
- Cosponsors: 0
- Subjects: SECURITIES, SECURITIES - LICENSES
- Touches household money: yes
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Broader licensing exemptions for securities brokers: benefit, low. Beginning April 3, 2026, Maine’s Securities Administrator has broader power to grant exemptions from state broker-dealer licensing rules. The authority covers any person, including a broker-dealer with a Maine office. Exemptions are not automatic: the Administrator must grant one through a rule or…

## Sponsors and cosponsors

- Sponsor: Donna Bailey (Democratic), Senate

## Actions (7)

- 2026-04-03: Signed by Governor, ACTPUB Chapter 602
- 2026-03-25: PASSED TO BE ENACTED - Emergency - 2/3 Elected Required, in concurrence. (Senate)
- 2026-03-24: This being an emergency measure, a two-thirds vote of all the members elected to the House was necessary.PASSED TO BE ENACTED.Sent for concurrence. ORDERED SENT FORTHWITH. (House)
- 2026-03-19: 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" (S-545).In concurrence. ORDERED SENT FORTHWITH. (House)
- 2026-03-18: COMMITTEE ON BILLS IN THE SECOND READING REPORTS NO FURTHER VERBAL AMENDMENTS NECESSARY. REPORT ACCEPTED.READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (S-545)Ordered sent down forthwith for concurrence. (Senate)
- 2026-03-17: Report READ and ACCEPTED.Bill READ ONCE. Committee Amendment "A" (S-545) READ and ADOPTED. ASSIGNED FOR SECOND READING NEXT LEGISLATIVE DAY. (Senate)
- 2025-12-15: Received by the Secretary of the Senate on December 15, 2025 and REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES pursuant to Joint Rule 308.2 (Senate)

## Bill text

- Amendment C-A (S-545), adopted by House & Senate: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0846&item=2&snum=132)
- Enacted: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0846&item=3&snum=132)
- Introduced: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0846&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 C-A (S-545), adopted by House & Senate (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0846&item=2&snum=132)
- [Enacted (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0846&item=3&snum=132)
- [Introduced (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0846&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-LD2060-132 (as of 2026-10-17).