Bill
Bill > LD629
summary
Introduced
02/20/2025
02/20/2025
In Committee
02/20/2025
02/20/2025
Crossed Over
04/17/2025
04/17/2025
Passed
04/17/2025
04/17/2025
Dead
Introduced Session
Potential new amendment
132nd Legislature
Bill Summary
This bill provides ongoing funds to restore matching funds for private contributions to support the Maine Development Foundation's economic, workforce and community development initiatives across the State, particularly in distressed communities and industries.
AI Summary
This bill provides ongoing state funding of $500,000 per year for two fiscal years (2025-26 and 2026-27) to the Maine Development Foundation (MDF), a nonprofit organization focused on economic and community development. The funding is designed to match private sector contributions, which will support MDF's initiatives across Maine, with a particular emphasis on helping distressed communities and industries. By providing these matching funds, the bill aims to leverage private investments and strengthen economic development efforts in areas of the state that may be struggling economically. The bill represents a commitment to supporting local economic growth and workforce development through public-private partnerships, with the state providing financial support to help the MDF attract and maximize private sector contributions.
Committee Categories
Housing and Urban Affairs
Sponsors (10)
Tiffany Roberts (D)*,
Rick Bennett (I),
Amanda Collamore (R),
Chip Curry (D),
Jim Dill (D),
Jack Ducharme (R),
Traci Gere (D),
Marianne Moore (R),
Holly Stover (D),
Mark Walker (R),
Last Action
CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800. (on 06/25/2025)
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=629&snum=132 |
| House: C-A (H-56) | https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0397&item=2&snum=132 |
| Fiscal Note: C-A (H-56) | https://legislature.maine.gov/legis/bills/bills_132nd/fiscalpdfs/FN062902.pdf |
| Fiscal Note: Text | https://legislature.maine.gov/legis/bills/bills_132nd/fiscalpdfs/FN062901.pdf |
| BillText | https://legislature.maine.gov/legis/bills/getPDF.asp?paper=HP0397&item=1&snum=132 |
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