# Maine LD 355: An Act to Advance the Maine Retirement Savings Program

Maine LD 355, An Act to Advance the Maine Retirement Savings Program, is a 132nd Maine Legislature (2025-2026) Senate bill sponsored by Donna Bailey (Democratic); status signed, last action 2026-04-16 (Signed by Governor, ACTPUB Chapter 744); PRIA reads it as touching household money (as of 2026-10-18).

- Canonical: https://policyrisk.com/state-bill/ME-LD355-132
- 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 355
- State: Maine
- Session: 132nd Maine Legislature (2025-2026)
- Title: An Act to Advance the Maine Retirement Savings Program
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-30
- Last action: 2026-04-16, Signed by Governor, ACTPUB Chapter 744
- Sponsor: Donna Bailey (Democratic)
- Cosponsors: 8
- Subjects: FINANCIAL INSTITUTIONS BUREAU, FINANCIAL INSTITUTIONS BUREAU - ADMINSTRATION
- Touches household money: yes
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Donna Bailey (Democratic), Senate
- Cosponsor: Anne-Marie Mastraccio (Democratic), House
- Cosponsor: Joseph M. Baldacci (Democratic), Senate
- Cosponsor: Peggy R. Rotundo (Democratic), Senate
- Cosponsor: Matthea E. L. Daughtry (Democratic), Senate
- Cosponsor: Michelle Boyer (Democratic), House
- Cosponsor: Parnell Terry (Democratic), House
- Cosponsor: Poppy Arford (Democratic), House
- Cosponsor: Sally Cluchey (Democratic), House

## Actions (12)

- 2026-04-16: Signed by Governor, ACTPUB Chapter 744
- 2026-04-13: PASSED TO BE ENACTED, in concurrence. (Senate)
- 2026-04-13: PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH. (House)
- 2026-04-13: The House RECEDED and CONCURRED to PASSAGE TO BE ENGROSSED as Amended by Committee Amendment "A" (S-305) as Amended by Senate Amendment "A" (S-667) thereto.ORDERED SENT FORTHWITH. (House)
- 2026-04-13: On 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-305) in concurrence. On further motion by Same Senator the Senate SUSPENDED THE RULES to RECONSIDER their actions whereby Committee Amendment "A" (S-305) was ADOPTED. On further motion by Same Senator Senate Amendment "A" (S-667) to Committee Amendment "A" (S-305) READ and ADOPTED. Committee Amendment "A" (S-305) as Amended by Senate Amendment "A" (S-667) thereto ADOPTED. PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (S-305) as Amended by Senate Amendment "A" (S-667) thereto in NON-CONCURRENCE. Sent down for concurrence. (Senate)
- 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. (Senate)
- 2025-06-11: On motion by Senator ROTUNDO of Androscoggin PLACED ON THE SPECIAL APPROPRIATIONS TABLE pending ENACTMENT - Emergency -2/3 Elected Required (Senate)
- 2025-06-10: 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)
- 2025-06-09: 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-305).In concurrence. ORDERED SENT FORTHWITH. (House)
- 2025-06-09: Report READ and ACCEPTED.READ ONCE.Committee Amendment "A" (S-305) READ and ADOPTED.Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (S-305).Ordered sent down forthwith for concurrence. (Senate)
- 2025-03-21: CARRIED OVER, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519. (Senate)
- 2025-01-30: Received by the Secretary of the Senate on January 30, 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-305), adopted by House & Senate: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&item=2&snum=132)
- Amendment S-A to C-A (S-667), adopted by House & Senate: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&item=4&snum=132)
- Enacted: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&item=5&snum=132)
- Introduced: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&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-305), adopted by House & Senate (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&item=2&snum=132)
- [Amendment S-A to C-A (S-667), adopted by House & Senate (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&item=4&snum=132)
- [Enacted (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&item=5&snum=132)
- [Introduced (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0141&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)
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Source: PRIA, https://policyrisk.com/state-bill/ME-LD355-132 (as of 2026-10-18).
