Housing

LD 2127 would raise the bond issuance cap for the Maine State Housing Authority (MSHA), allowing it to issue more bonds to fund housing projects. This change aims to align MSHA's borrowing capacity with current housing production needs across Maine. The bill does not specify the new cap amount or additional funding mechanisms, as these details are not included in the provided context. Without the full bill text or fiscal note, specific policy changes cannot be fully described.

This procedural bill (SP 799) directs the Joint Standing Committee on Appropriations and Financial Affairs to immediately recall and report two specific bills to the Senate. The recalled bills are L.D. 1140/S.P. 471 (a bond measure for Maine's agricultural economy) and L.D. 1912/S.P. 753 (a bond measure for housing shortages). The order overrides standard committee procedures to expedite consideration of these funding proposals. This action affects the committee's workflow and the Senate's schedule for these bills.

LD 746 allows Maine municipalities to impose a 2% local sales tax on short-term lodging (like hotels and vacation rentals) if approved by voters through a referendum. The tax must be applied only to lodging already subject to state sales tax, and requires voter approval with a majority vote and at least 20% turnout from the previous gubernatorial election. Ten percent of the revenue collected must fund Maine's affordable housing programs through the State Housing Authority, while the remaining 90% goes directly to the municipality that enacted the tax. The tax cannot be applied in unorganized territory and cannot take effect before January 1, 2026.