LD 1574·ME·house
An Act To Amend The Credit For Educational Opportunity And Student Loan Repayment Tax Credit
FailedFiled Apr 10, 2025
Sponsor: Caldwell JACKSON
Latest Action
Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
Apr 29, 2026
Summary
The bill revises the credit for educational opportunity and student‑loan repayment so that only loan payments made during months the borrower worked in Maine count toward the credit. It also establishes rules for refinanced or consolidated loans, defines how partial months of work are treated, and allows unused credits from earlier years to be carried forward through 2026 and beyond.
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