MaineMaine voters would decide on bond funding for research grants
Maine voters would decide whether to approve bonds for competitive research grants, and funded institutions would need matching private or federal money.
What it does
Voters would decide whether to approve up to $50 million in bonds for competitive research grants to Maine institutions, which would need private or federal matching funds.
Argument forIf voters approved the bonds, competitive grants could help Maine institutions develop new technology and bring it to market.
Argument againstThe state could take on up to $50 million in bond debt, and funded projects would need private or federal matching money.
More detail
If voters approve the bonds, the state could issue up to $50 million in bonds and use the proceeds for competitive grants. The grants would support work in life sciences, clean energy, information technology, forestry and agriculture, marine industries, advanced materials, and manufacturing. Grants would go to Maine-based public or private institutions and require at least one dollar in private or federal matching funds for each state dollar. Funding would follow the latest state innovation and science plans and support technology aimed at commercial use. The bill called for a statewide vote in November after passage. If voters approved it, the Act would take effect 30 days after the Governor proclaimed the result.
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Where it stands
- Introduced
- Died
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 29Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD).Died
- 2025
- Jun 25Carry Over Approved
- Jun 25CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.
- Mar 21CARRIED OVER, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.
- Feb 7Received by the Secretary of the Senate on February 7, 2025 and REFERRED to the Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS pursuant to Joint Rule 308.2Introduced
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