---
type: "Bill"
title: "An Act To Establish The Maine Community Development Financial Institution Fund To Support Small Businesses, Rural Economic Development And Affordable Housing"
description: "An Act To Establish The Maine Community Development Financial Institution Fund To Support Small Businesses, Rural Economic Development And Affordable Housing"
jurisdiction: "us/states/me"
legislature: "Maine Legislature"
session: "132"
identifier: "LD 1500"
citation: "Maine LD 1500 (132)"
classification: ["bill"]
subjects: ["COMMUNITY DEVELOPMENT FUND", "ECONOMIC DEVELOPMENT", "PLANNING"]
status: "enacted"
primary_sponsors: ["Melanie SACHS"]
version_count: 4
action_count: 33
vote_count: 0
first_action: "2025-04-08"
last_action: "2026-01-11"
source: "openstates"
source_identifier: "ocd-bill/749c7f15-134c-4c62-a986-c6880df602ff"
source_url: "https://legislature.maine.gov/LawMakerWeb/dockets.asp?ID=280098268"
source_hash: "fab54ab1297489cc1c7590b8c20717a72d90b0f801b8ba9a808cf42fe80a1a68"
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 1500 (132) — An Act To Establish The Maine Community Development Financial Institution Fund To Support Small Businesses, Rural Economic Development And Affordable Housing

## Version chain

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

1. **Amendment C-A (H-446)** (committee substitute) — [source](http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=HP0984&item=2&snum=132)
2. **Amendment S-A to C-A (S-477)** (committee substitute) — [source](http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=HP0984&item=5&snum=132)
3. **Chapter 502** (committee substitute) — [source](http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=HP0984&item=7&snum=132)
4. **LD 1500 HP 984** (committee substitute) — [source](http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=HP0984&item=1&snum=132)

## Sponsors

- Melanie SACHS — primary (person)
- Aaron DANA — cosponsor (person)
- Amy ROEDER — cosponsor (person)
- Cameron RENY — cosponsor (person)
- Harold STEWART — cosponsor (person)
- John DUCHARME — cosponsor (person)
- Marc MALON — cosponsor (person)
- Matthea DAUGHTRY — cosponsor (person)
- Ryan FECTEAU — cosponsor (person)
- Traci GERE — cosponsor (person)

## Timeline

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

- **2025-04-08** Committee on Housing and Economic Development suggested and ordered printed.
- **2025-04-08** The Bill was REFERRED to the Committee on HOUSING AND ECONOMIC DEVELOPMENT. `referral-committee`
- **2025-04-08** Sent for concurrence. ORDERED SENT FORTHWITH.
- **2025-04-08** The Bill was REFERRED to the Committee on HOUSING AND ECONOMIC DEVELOPMENT in concurrence `referral-committee`
- **2025-06-03** CONSENT CALENDAR - FIRST DAY
- **2025-06-03** Under suspension of the rules CONSENT CALENDAR - SECOND DAY.
- **2025-06-03** The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (H-446). `reading-3`
- **2025-06-03** Sent for concurrence. ORDERED SENT FORTHWITH.
- **2025-06-03** Report READ and ACCEPTED, in concurrence.
- **2025-06-03** READ ONCE. `reading-1`
- **2025-06-03** Committee Amendment "A" (H-446) READ and ADOPTED, in concurrence. `committee-passage-favorable, passage`
- **2025-06-03** Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (H-446), in concurrence. `reading-2, reading-3`
- **2025-06-03** Ordered sent down forthwith.
- **2025-06-04** PASSED TO BE ENACTED. `passage`
- **2025-06-04** Sent for concurrence. ORDERED SENT FORTHWITH.
- **2025-06-05** On motion by Senator ROTUNDO of Androscoggin PLACED ON THE SPECIAL APPROPRIATIONS TABLE pending ENACTMENT in concurrence.
- **2025-06-25** On motion by Senator ROTUNDO of Androscoggin taken from the Special Appropriations Table
- **2025-06-25** On motion by Same Senator the Senate SUSPENDED THE RULES to RECONSIDER their actions whereby the Bill was PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment "A" (H-446) `reading-3`
- **2025-06-25** On further motion by Same Senator the Senate SUSPENDED THE RULES to RECONSIDER their actions whereby Committee Amendment "A" (H-446) was ADOPTED. `committee-passage-favorable`
- **2025-06-25** On further motion by Same Senator Senate Amendment "A" (S-477) to Committee Amendment "A" (H-446) READ and ADOPTED. `committee-passage-favorable, passage`
- **2025-06-25** Committee Amendment "A" (H-446) as Amended by Senate Amendment "A" (S-477) thereto ADOPTED. `committee-passage-favorable`
- **2025-06-25** PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (H-446) as Amended by Senate Amendment "A" (S-477) thereto in NON-CONCURRENCE. `reading-3`
- **2025-06-25** Sent down for concurrence.
- **2025-06-25** The House RECEDED and CONCURRED to PASSAGE TO BE ENGROSSED as Amended by Committee Amendment "A" (H-446) as Amended by Senate Amendment "A" (S-477) thereto. `reading-3`
- **2025-06-25** ORDERED SENT FORTHWITH.
- **2025-06-25** PASSED TO BE ENACTED. `passage`
- **2025-06-25** Sent for concurrence. ORDERED SENT FORTHWITH.
- **2025-06-25** PASSED TO BE ENACTED, in concurrence. `passage`
- **2025-07-08** HELD BY THE GOVERNOR.
- **2026-01-11** Became Law without Governor's Signature `became-law`
- **2025-05-08T04:00:00+00:00** Work Session Held
- **2025-05-08T04:00:00+00:00** Voted - OTP-AM
- **2025-06-03T04:00:00+00:00** Reported Out - OTP-AM

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/749c7f15-134c-4c62-a986-c6880df602ff`. Confidence: reported (aggregated from official Maine legislature records).