Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateMaineIntroduced
LD 435: An Act To Expand The Historic Property Rehabilitation Tax Credit
Tavis Hasenfus
LD 435 status: Introduced — Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD) (updated Apr 29, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
Not enough information
Score:Not enough information
Risk:Low Risk
Impact:Moderate Impact 50/100
Constitutionality95%
Bipartisan50%
Public opinion75%
Bill summary
What changes
The bill intended to expand existing tax credit programs for the rehabilitation of historic properties.
Who is affected
Property owners, real estate developers, and the state's tax revenue base.
Requirements and enforcement
Not stated; details on eligibility for the expanded tax credits are not included in the source.
Costs and funding
The bill would result in a reduction of state income tax revenue; the specific amount is not stated.
When it takes effect
N/A; the bill died in the legislative files.
Potential benefits
Potential stimulation of investment in older properties and the preservation of historic character.
Risks and tradeoffs
Fiscal impact on state revenue and the administrative burden of monitoring credit eligibility.
What is still unknown
The precise scale of the credit expansion, the types of properties eligible, and the fiscal impact estimate.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
65%
Benefits
- Incentivizes private investment in historic property rehabilitation
- Supports growth in the local construction and renovation sectors
- Encourages the functional reuse of older commercial properties
Risks
- Reduces state income tax revenue
- Requires administrative cost for credit oversight and verification
- Risk of inefficient capital allocation compared to other economic stimuli
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
The bill failed to pass the legislature and is currently inactive.
Analysis scope
Source material is limited to a brief summary abstract.
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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