An Act To Create A Refundable Tax Credit For Agricultural Enterprises
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
Summary
The bill would let investors receive a refundable credit of up to 40% of cash they actually invest in eligible Maine agricultural enterprises. It sets caps on total investment per business and annual limits, and applies only to investors who are not private venture‑capital funds. The measure was introduced in the House but failed to become law.
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