An Act To Establish The Maine Life Science Innovation Center
Establishes the Maine Life Science Innovation Center and a fund to back startup and commercialization in Maine’s life sciences; funded by gifts/grants with no net General Fund cost.
Establishes the Maine Life Science Innovation Center and a fund to back startup and commercialization in Maine’s life sciences; funded by gifts/grants with no net General Fund cost.
Status: HELD BY THE GOVERNOR (as of 2025-07-08)
Introduced: April 11, 2025
Sponsor: Sen. Pierce of Cumberland
Committee: Housing and Economic Development
Subjects: Economic development, life science innovation, planning
LD 1643 would establish the “Maine Life Science Innovation Center” to support development and commercialization in Maine’s life sciences sector. The measure creates a new entity and an associated fund to support start‑up and operating activities for the Center and authorizes the Center to receive gifts, grants and other public or private funding.
The bill’s fiscal notes reflect different versions during the legislative process:
Original bill and Committee Amendment (LR2061(01) and LR2061(02)): included one‑time General Fund appropriations of $2,000,000 in FY 2025‑26 and $2,000,000 in FY 2026‑27 (totaling $4.0 million) to the newly created Maine Life Science Innovation Fund to support initial start‑up costs. Also included ongoing Other Special Revenue Fund base allocations of $500 per year beginning FY 2025‑26 to permit expenditures if external funds are received.
Senate Amendment (LR2061(04)): removed the one‑time General Fund appropriations (eliminating the $2.0M appropriations in FY 2025‑26 and FY 2026‑27). It retained the $500 per year Other Special Revenue Fund base authorization.
Final fiscal effect (as amended by Committee Amendment A (S‑227) and Senate Amendment A (S‑479)): the appropriations for one‑time General Fund start‑up dollars were removed; the bill provides a $0 General Fund net cost under that amendment path and retains a $500 per year Other Special Revenue authorization to allow spending if gifts/grants are received.
Other notes:
- Additional workload costs for state agencies supplying board representatives are expected to be absorbed within existing budgets.
- Minimal judicial/correctional impact; any additional fine revenue would be minor.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.