# Maine LD 481: An Act to Allow a Water District Created by Special Act of the Legislature to Borrow Money and Issue a Warrant Prior to a Default

Maine LD 481, An Act to Allow a Water District Created by Special Act of the Legislature to Borrow Money and Issue a Warrant Prior to a Default, is a 132nd Maine Legislature (2025-2026) House bill sponsored by Matthew Beck (Democratic); status signed, last action 2025-04-11 (Signed by Governor, ACTPUB Chapter 23); PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/ME-LD481-132
- 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 481
- State: Maine
- Session: 132nd Maine Legislature (2025-2026)
- Title: An Act to Allow a Water District Created by Special Act of the Legislature to Borrow Money and Issue a Warrant Prior to a Default
- Status: signed
- Chamber: House
- Introduced: 2025-02-06
- Last action: 2025-04-11, Signed by Governor, ACTPUB Chapter 23
- Sponsor: Matthew Beck (Democratic)
- Cosponsors: 7
- Subjects: WATER DISTRICTS, WATER DISTRICTS - BONDING
- Touches household money: yes
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Water districts can borrow; towns charged: mixed, medium. The law lets a water district created by a special act borrow money before any default. The district may do this only when it decides that expected water-bill revenue from now to the end of the current fiscal year will not cover its operating costs for that same period. When making this call, it mu…

## Sponsors and cosponsors

- Sponsor: Matthew Beck (Democratic), House
- Cosponsor: Christopher Kessler (Democratic), House
- Cosponsor: Matt A. Harrington (Republican), Senate
- Cosponsor: Michelle Boyer (Democratic), House
- Cosponsor: Nathan Wadsworth (Republican), House
- Cosponsor: Rolf Olsen (Republican), House
- Cosponsor: Sophia Warren (Democratic), House
- Cosponsor: Stacy F. Brenner (Democratic), Senate

## Actions (7)

- 2025-04-11: Signed by Governor, ACTPUB Chapter 23
- 2025-04-08: PASSED TO BE ENACTED, in concurrence. (Senate)
- 2025-04-01: PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH. (House)
- 2025-03-27: Report READ and ACCEPTED, in concurrence.READ ONCEUnder suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED, in concurrence.Ordered sent down forthwith. (Senate)
- 2025-03-25: CONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED.Sent for concurrence. ORDERED SENT FORTHWITH. (House)
- 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. (House)
- 2025-02-06: Received by the Clerk of the House on February 6, 2025.The Bill was REFERRED to the Committee on ENERGY, UTILITIES AND TECHNOLOGY pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. (House)

## Bill text

- Enacted: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0310&item=3&snum=132)
- Introduced: [PDF](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0310&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
- [Enacted (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0310&item=3&snum=132)
- [Introduced (PDF)](https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0310&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-LD481-132 (as of 2026-10-17).