An Act To Restore Matching Funding To The Maine Development Foundation
Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
Summary
The bill would allocate $500,000 for fiscal year 2025‑26 and another $500,000 for 2026‑27 from the state’s General Fund to match private donations to the Maine Development Foundation. The funding is meant to support the foundation’s projects that promote economic, workforce, and community development, especially in distressed areas and industries. The measure did not pass and died when the Senate adjourned sine die.
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