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LD 2102·ME·house

An Act To Clarify And Strengthen The Government Shutdown Loan Guarantee Program

Signed into LawFiled Jan 7, 2026
Sponsor: Kristi MATHIESON
Latest Action

Signed by Governor

Mar 23, 2026

Summary

The law adds $250,000 to Maine's Government Shutdown Loan Guarantee Fund and changes eligibility rules so any state or federal employee stranded by a shutdown can receive a loan guarantee, even if they haven’t applied for unemployment, have a credit check, or can’t appear in person. It also eliminates a cap that would have halted guarantees once payments reached 10% of total loans, helping keep the program running during emergencies.

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