Maine · 132nd Legislature (2025-2026) · Bill

LD 1603: An Act To Eliminate The Property Tax On Business Equipment With A Value Of No More Than $50,000

Did not advance Last action May 20, 2025: Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

Plain-language summary

LD 1603 is a bill introduced in the Maine Senate on April 10, 2025. According to its official title, it concerns: An Act To Eliminate The Property Tax On Business Equipment With A Value Of No More Than $50,000. Primary sponsor: Joe Martin (Republican). It lists 6 additional sponsors. Most recent recorded action (May 20, 2025): Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD).

Sponsors

Primary sponsor: Joe Martin (Republican). 6 co-sponsors.