APPROVED CHAPTER
JULY 1, 2025 477
BY GOVERNOR PUBLIC LAW
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FIVE
_____
H.P. 850 - L.D. 1275
An Act to Promote the Production of Natural Resources Bioproducts by
Amending the Renewable Chemicals Tax Credit
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §5219-XX, sub-§2, as amended by PL 2021, c. 181, Pt. A, §13,
is further amended to read:
2. Credit allowed. A taxpayer engaged in the production of renewable chemicals in
the State who has complied with subsection 5 and the rules adopted under that subsection
is allowed a credit against the tax imposed by this Part on income derived during the taxable
year from the production of renewable chemicals in the amount of 8¢ per pound of
renewable chemical produced in the State as long as the taxpayer demonstrates to the
Department of Economic and Community Development that at least 75% of the employees
of the contractors hired or retained to harvest renewable biomass used in the production of
the renewable chemicals meet the eligibility conditions specified in the Employment
Security Law.
If the taxpayer does not contract directly with those hired or retained to harvest the
renewable biomass, the taxpayer may obtain the necessary documentation under this
subsection from the landowner or other entity that contracts directly.
Sec. 2. Application. This Act applies to tax years beginning on or after January 1,
2026.
Page 1 - 132LR1864(03)


Statutes affected:
Bill Text ACTPUB , Chapter 477: 36.5219