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ME LD382
ME LD382An Act to Establish a System of Revenue Sharing for the Use and Management of Coastal Resources
summary
Introduced
02/04/2025
02/04/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
02/03/2026
02/03/2026
Introduced Session
132nd Legislature
Bill Summary
This bill is a concept draft pursuant to Joint Rule 208. This bill would establish a fair and equitable system of revenue sharing for the commercial, industrial and recreational use and management of Maine's coastal resources that ensures a direct benefit to the communities most affected by the use of those resources and that promotes statewide economic growth. The bill would establish a standardized fee and royalty schedule for the use of those resources based on the type and scale of activities conducted and a formula for the distribution of the revenue generated, with a portion of the funds to be retained by the State to support the administration, enforcement and oversight of coastal resource activities and a portion of the funds to be distributed to affected communities and stakeholders. Under the bill, collection of established fees and royalties and distribution of that revenue would be administered and overseen by a statutorily established revenue sharing board consisting of representatives from state agencies, municipal governments and other stakeholders.
AI Summary
This bill proposes to create a system for sharing revenue generated from the use and management of Maine's coastal resources, aiming to benefit communities directly impacted by these activities and boost the state's economy. It would establish a set schedule of fees and royalties based on the type and scale of commercial, industrial, and recreational activities that utilize these resources. A formula would then determine how this collected revenue is distributed, with a portion going to the state to cover administrative costs, enforcement, and oversight of coastal resource activities, and another portion allocated to affected communities and other stakeholders. The bill also outlines the creation of a revenue sharing board, comprised of representatives from state agencies, local governments, and other interested parties, to manage and oversee the collection of these fees and royalties and the subsequent distribution of the funds.
Committee Categories
Budget and Finance
Sponsors (7)
Joseph Martin (R)*,
Scott Cyrway (R),
Michael Lance (R),
Michael Soboleski (R),
Joseph Underwood (R),
Nathan Wadsworth (R),
Peter Wood (R),
Last Action
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD) (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.maine.gov/legis/bills/display_ps.asp?LD=382&snum=132 |
| BillText | https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0148&item=1&snum=132 |
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