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LD714 • 2025

An Act to Allow the Victim of a Fraudulent Scheme to Claim a State Income Tax Deduction for Losses Attributable to the Fraudulent Scheme

An Act to Allow the Victim of a Fraudulent Scheme to Claim a State Income Tax Deduction for Losses Attributable to the Fraudulent Scheme

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Representative Kristen Cloutier
Last action
2026-04-29
Official status
Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES . (DEAD)
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 Allow the Victim of a Fraudulent Scheme to Claim a State Income Tax Deduction for Losses Attributable to the Fraudulent Scheme

An Act to Allow the Victim of a Fraudulent Scheme to Claim a State Income Tax Deduction for Losses Attributable to the Fraudulent Scheme Sponsor: Representative Kristen Cloutier Reference committee: Taxation Latest committee action: Reported Out; OTP-AM

What This Bill Does

  • An Act to Allow the Victim of a Fraudulent Scheme to Claim a State Income Tax Deduction for Losses Attributable to the Fraudulent Scheme Sponsor: Representative Kristen Cloutier Reference committee: Taxation Latest committee action: Reported Out; OTP-AM

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 - 132LR1239(02) COMMITTEE AMENDMENT 1 L.D.

  • Page 1 - 132LR1239(02) COMMITTEE AMENDMENT 1 L.D.
  • 714 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 8SECOND REGULAR SESSION 9 COMMITTEE AMENDMENT “ ” to H.P.

Bill History

  1. 2026-04-29 Senate

    Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES . (DEAD)

  2. 2026-04-02 House

    PASSED TO BE ENACTED . Sent for concurrence. ORDERED SENT FORTHWITH.

  3. 2026-03-31 Committee

    Reported Out; OTP-AM

  4. 2026-03-19 Committee

    Work Session Held

  5. 2026-03-19 Committee

    Voted; OTP-AM

  6. 2025-06-25 Committee

    Carry Over Approved

  7. 2025-05-23 Committee

    Carry Over Requested

  8. 2025-02-20 Committee

    Referred to Committee on Taxation.

Official Summary Text

An Act to Allow the Victim of a Fraudulent Scheme to Claim a State Income Tax Deduction for Losses Attributable to the Fraudulent Scheme
Sponsor:
Representative Kristen Cloutier
Reference committee:
Taxation
Latest committee action:
Reported Out; OTP-AM

Current Bill Text

Read the full stored bill text 
Printed on recycled paper
132nd MAINE LEGISLATURE
FIRST REGULAR SESSION-2025
Legislative Document No. 714
H.P. 453 House of Representatives, February 25, 2025
An Act to Amend the Tax Laws
Received by the Clerk of the House on February 20, 2025. Referred to the Committee on
Taxation pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.
ROBERT B. HUNT
Clerk
Presented by Representative CLOUTIER of Lewiston.

Page 1 - 132LR1239(01)
1Be it enacted by the People of the State of Maine as follows:
2CONCEPT DRAFT
3SUMMARY
4 This bill is a concept draft pursuant to Joint Rule 208.
5 This bill proposes to amend the state laws governing taxation.
4