LD506

An Act to Authorize a General Fund Bond Issue for Research and Development and Commercialization

Failed·4/29/26
Tpdf Text

Authorizes a $50,000,000 bond issue for research and development and commercialization in Maine.

This bill authorizes the issuance of $50,000,000 in bonds to fund research and development and commercialization in Maine. The funds will be awarded competitively to Maine-based public and private institutions, leveraging matching private and federal funds. The targeted sectors include life sciences, biomedical technology, environmental and renewable energy technology, information technology, advanced technologies for forestry and agriculture, aquaculture and marine technology, composites and advanced materials, and precision manufacturing.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

DDDDD
5
2
RR
Democratic CaucusRepublican Caucus

Calendar

Apr 9, 2025

10:00 AM

Hearing

History

Apr 29

Senate

Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD).

Jun 25, 2025

Joint

Carry Over Approved

Jun 25, 2025

Senate

CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.