Back to Maine
LD1755 • 2025
An Act to Increase the Maine Historic Property Rehabilitation Tax Credit in Rural Areas
An Act to Increase the Maine Historic Property Rehabilitation Tax Credit in Rural Areas
Taxes
Enacted
This bill passed the Legislature and reached final enactment based on the latest official action.
- Sponsor
- Representative Laura Supica
- Last action
- 2025-07-07
- Official status
- Signed by the Governor
- Effective date
- Not listed
Plain English Breakdown
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
An Act to Increase the Maine Historic Property Rehabilitation Tax Credit in Rural Areas
An Act to Increase the Maine Historic Property Rehabilitation Tax Credit in Rural Areas
Sponsor:
Representative Laura Supica
Reference committee:
Taxation
Governor action:
Signed by the Governor
What This Bill Does
- An Act to Increase the Maine Historic Property Rehabilitation Tax Credit in Rural Areas
Sponsor:
Representative Laura Supica
Reference committee:
Taxation
Governor action:
Signed by the Governor
Limits and Unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.
Amendments
These notes stay tied to the official amendment files and metadata from the legislature.
Adopted by House & Senate
Plain English: Page 1 - 132LR1875(02)
COMMITTEE AMENDMENT
1 L.D.
- Page 1 - 132LR1875(02)
COMMITTEE AMENDMENT
1 L.D.
- 1755
2 Date: (Filing No.
- H- )
3TAXATION
4 Reproduced and distributed under the direction of the Clerk of the House.
- 5STATE OF MAINE
6HOUSE OF REPRESENTATIVES
7132ND LEGISLATURE
8FIRST SPECIAL SESSION
9 COMMITTEE AMENDMENT “ ” to H.P.
Bill History
-
2025-07-07
Governor
Signed by the Governor
-
2025-06-25
Senate
On motion by Senator ROTUNDO of Androscoggin taken from the Special Appropriations Table PASSED TO BE ENACTED in concurrence.
-
2025-06-17
House
PASSED TO BE ENACTED . Sent for concurrence. ORDERED SENT FORTHWITH.
-
2025-06-13
Committee
Reported Out; OTP-AM/ONTP
-
2025-05-20
Committee
Work Session Held
-
2025-05-20
Committee
Voted; Divided Report
-
2025-04-22
Committee
Referred to Committee on Taxation.
Official Summary Text
An Act to Increase the Maine Historic Property Rehabilitation Tax Credit in Rural Areas
Sponsor:
Representative Laura Supica
Reference committee:
Taxation
Governor action:
Signed by the Governor
Current Bill Text
Read the full stored bill text
Page 1 - 132LR1875(03)
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FIVE
_____
H.P. 1173 - L.D. 1755
An Act to Increase the Maine Historic Property Rehabilitation Tax Credit in
Rural Areas
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §5219-BB, sub-§1, ¶E is enacted to read:
E. "Rural area" means an unorganized territory of the State or a municipality that has
a population of less than 12,500 inhabitants as determined by the United States
Department of Commerce, Bureau of the Census based on the latest decennial census
of the United States.
Sec. 2. 36 MRSA §5219-BB, sub-§10 is enacted to read:
10. Increased credit for certified qualified rehabilitation expenditures in rural
areas with housing component. For tax years beginning on or after January 1, 2025, the
credit allowed under this section is increased to 35% of certified qualified rehabilitation
expenditures for which a tax credit is claimed under Section 47 of the Code for a certified
historic structure located in a rural area of the State as long as not less than 33% of the
aggregate square feet of that structure constitutes apartments, dwellings or other living
accommodations. If the rehabilitation of the certified historic structure is also a certified
affordable housing project, then the credit allowed under this section is increased by a
further 10 percentage points.
Sec. 3. Application. This Act applies to tax years beginning on or after January 1,
2025.
APPROVED
JULY 7, 2025
BY GOVERNOR
CHAPTER
499
PUBLIC LAW