LD678

An Act to Provide for the 2025 and 2026 Allocations of the State Ceiling on Private Activity Bonds

Complete·4/23/25

Maine LD678 allocates state ceiling on private activity bonds for 2025 and 2026 among state-level issuers.

Maine LD678 allocates the state ceiling on issuance of tax-exempt private activity bonds for calendar years 2025 and 2026 among various state-level issuers. For 2025, it allocates $195 million to the Finance Authority of Maine, $100 million to the Maine State Housing Authority, $10 million to the Maine Municipal Bond Bank, and $5 million to the Treasurer of State. For 2026, it allocates $235 million to the Finance Authority of Maine, $100 million to the Maine State Housing Authority, $10 million to the Maine Municipal Bond Bank, and $38.78 million is reserved for future allocation.

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

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Sponsors

D
1
0
Democratic CaucusRepublican Caucus

Calendar

Mar 6, 2025

10:15 AM

Hearing

History

Apr 23, 2025

Senate

PASSED TO BE ENACTED - Emergency - 2/3 Elected Required, in concurrence.

Apr 22, 2025

House

This being an emergency measure, a two-thirds vote of all the members elected to the House was necessary.

Apr 22, 2025

House

PASSED TO BE ENACTED.