---
type: "Bill"
title: "An Act To Reauthorize Maine'S New Markets Tax Credit Program"
description: "An Act To Reauthorize Maine'S New Markets Tax Credit Program"
jurisdiction: "us/states/me"
legislature: "Maine Legislature"
session: "131"
identifier: "LD 1974"
citation: "Maine LD 1974 (131)"
classification: ["bill"]
subjects: ["CREDITS", "INCOME TAX", "NEW MARKETS PROGRAM"]
status: "enacted"
primary_sponsors: ["Harold STEWART"]
version_count: 3
action_count: 32
vote_count: 0
first_action: "2023-05-18"
last_action: "2024-03-25"
source: "openstates"
source_identifier: "ocd-bill/6882f637-431b-405f-935b-a35abfb39eb6"
source_url: "https://legislature.maine.gov/LawMakerWeb/dockets.asp?ID=280089651"
source_hash: "31406e962d1bf812abf4229f706af9e9fa1a5136e4c8c4023ac9ec9d6044d824"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-me"]
---

# Maine LD 1974 (131) — An Act To Reauthorize Maine'S New Markets Tax Credit Program

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Adopted Amendments** (committee substitute) — [source](http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=SP0808&item=2&snum=131)
2. **Documents and Disposition** (committee substitute) — [source](http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=SP0808&item=1&snum=131)
3. **Final Disposition** (committee substitute) — [source](http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=SP0808&item=3&snum=131)

## Sponsors

- Harold STEWART — primary (person)
- James LIBBY — cosponsor (person)
- Joseph PERRY — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-05-18** Committee on TAXATION suggested and ordered printed
- **2023-05-18** Senator GROHOSKI of Hancock moved to REFERENCE the Bill to the Committee on TAXATION
- **2023-05-18** On motion by Senator STEWART of Aroostook Tabled until Later in Today's Session, pending REFERENCE to the Committee on TAXATION
- **2023-05-23** Taken from the table by the President
- **2023-05-23** Subsequently The Bill was REFERRED to the Committee on TAXATION `referral-committee`
- **2023-05-23** Sent down for concurrence
- **2023-05-25** The Bill was REFERRED to the Committee on TAXATION. `referral-committee`
- **2023-05-25** In concurrence. ORDERED SENT FORTHWITH.
- **2023-07-26** CARRIED OVER, in the same posture, to any special or regular session of the 131st Legislature, pursuant to Joint Order SP 847.
- **2024-03-12** Reports Read
- **2024-03-12** On motion by Senator GROHOSKI of Hancock the Majority Ought to Pass as Amended Report ACCEPTED.
- **2024-03-12** READ ONCE `reading-1`
- **2024-03-12** Committee Amendment "A" (S-568) READ and ADOPTED `committee-passage-favorable`
- **2024-03-12** Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment "A" (S-568) `reading-2, reading-3`
- **2024-03-12** Sent down for concurrence
- **2024-03-13** Reports READ.
- **2024-03-13** On motion of Representative PERRY of Bangor, the Majority Ought to Pass as Amended Report was ACCEPTED.
- **2024-03-13** The Bill was READ ONCE. `reading-1`
- **2024-03-13** Committee Amendment "A" (S-568) was READ and ADOPTED. `committee-passage-favorable, passage`
- **2024-03-13** Under suspension of the rules, the Bill was given its SECOND READING without REFERENCE to the Committee on Bills in the Second Reading.
- **2024-03-13** The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (S-568). `reading-3`
- **2024-03-13** In concurrence. ORDERED SENT FORTHWITH.
- **2024-03-19** FINALLY PASSED. `passage`
- **2024-03-19** Sent for concurrence. ORDERED SENT FORTHWITH.
- **2024-03-20** FINALLY PASSED, in concurrence. `passage`
- **2024-03-25** Signed by Governor `executive-signature`
- **2023-06-01T04:00:00+00:00** Carry Over Requested
- **2023-07-25T04:00:00+00:00** Carry Over Approved
- **2024-01-16T05:00:00+00:00** Work Session Held - TABLED
- **2024-02-14T05:00:00+00:00** Work Session Held
- **2024-02-14T05:00:00+00:00** Voted - Divided Report
- **2024-03-08T05:00:00+00:00** Reported Out - OTP-AM/ONTP

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6882f637-431b-405f-935b-a35abfb39eb6`. Confidence: reported (aggregated from official Maine legislature records).