Establishes the Small Business Capital Savings Account Program for eligible small businesses in Maine.

The bill creates the Small Business Capital Savings Account Program within the Department of Economic and Community Development. It certifies small businesses engaged in commercial agricultural production, commercial fishing, or commercial wood harvesting as eligible for a tax deduction for contributions made to the accounts. Contributions can be made from January 1, 2026, to December 31, 2029, with a maximum balance of $250,000. Withdrawals can only be used for capital expenditures, and all funds must be withdrawn within one year of the business's dissolution.

Establishes the Small Business Capital Savings Account Program for eligible small businesses in Maine.

The bill creates the Small Business Capital Savings Account Program within the Department of Economic and Community Development. It certifies small businesses engaged in commercial agricultural production, commercial fishing, or commercial wood harvesting as eligible for a tax deduction for contributions made to the accounts. Contributions can be made from January 1, 2026, to December 31, 2029, with a maximum balance of $250,000. Withdrawals can only be used for capital expenditures, and all funds must be withdrawn within one year of the business's dissolution.