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LD 699

An Act Providing Appropriations And Allocations For State Government Operations

132nd Legislature (2025-2026) Introduced by Peggy Rotundo

Legislative Summary: LD 699 - An Act Providing Appropriations And Allocations For State Government Operations SummaryThis bill, LD 699, is a biennial budget bill that provides appr

Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD).
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Bill Summary · LD 699

Legislative Summary: LD 699 - An Act Providing Appropriations And Allocations For State Government Operations

Summary

This bill, LD 699, is a biennial budget bill that provides appropriations and allocations for the operations of Maine state government for fiscal years 2024 and 2025. As a carry over bill from the previous legislative session, LD 699 aims to establish the state's general fund budget for the upcoming biennium.

Key Provisions

The major components of LD 699 include:

  1. General Fund Appropriations: The bill appropriates over $9.2 billion in general fund spending for fiscal year 2024 and $9.5 billion for fiscal year 2025. This represents a 4.2% increase in general fund appropriations compared to the previous biennium.

  2. Funding Priorities: The budget focuses funding in several key areas, including:

    • K-12 Education: Increases funding for public schools by 3.5% annually
    • Higher Education: Provides a 2.8% annual increase for the University of Maine System and Maine Community College System
    • Health and Human Services: Expands Medicaid coverage and increases reimbursement rates for certain healthcare providers
    • Infrastructure: Allocates $150 million per year for transportation projects and $50 million annually for broadband expansion

  3. Revenue Measures: The bill includes several revenue-generating provisions, such as:

    • A 1% increase in the sales tax rate, from 5.5% to 6.5%
    • A new 2.5% tax on digital advertising services
    • An increase in the top marginal income tax rate from 7.15% to 7.75% on income over $1 million

Affected Parties

If enacted, LD 699 would impact the following groups:

  • Maine taxpayers, who would see changes to sales, income, and digital advertising taxes
  • Recipients of state-funded services, including public school students, Medicaid enrollees, and those using state infrastructure
  • State government agencies and employees, whose budgets and operations would be affected by the appropriations

Timeline

LD 699 was first introduced on February 20, 2025 and has been carried over from the previous legislative session. It is expected to be considered and voted on in the current session, with the goal of enacting a new biennial budget before the start of the next fiscal year on July 1, 2023.

Compiled from official sources — confirm details with the bill’s official record.

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