StateMaine

LD 506: An Act To Authorize A General Fund Bond Issue For Research And Development And Commercialization

Teresa PierceIn Committee

LD 506 status: In Committee — Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD) (updated Apr 29, 2026).

1

What this bill does

Overall score

Score65/100 civic fit
RiskModerate risk
ImpactModerate impact 60/100

Bill summary

Official

An Act To Authorize A General Fund Bond Issue For Research And Development And Commercialization. Currently in Senate.

Key analysis

Constitutionality90%
Bipartisan50%
Public opinion50%
2

Impact analysis

Environment

Mixed / Neutral
50%

Benefits

  • No direct impact identified

Risks

  • No direct impact identified

Economy

Positive Outlook
70%

Benefits

  • Promotes innovation and commercial growth
  • Provides capital for R&D-heavy sectors

Risks

  • Increases state long-term debt service obligations
  • Dependent on effective allocation to see returns

Society

Mixed / Neutral
50%

Benefits

  • Potential for indirect job creation
  • Supports state academic/scientific institutions

Risks

  • No direct social benefit identified
3

How trustworthy & consequential it is

Source

OpenStates

Confidence

low

low

Analysis status

OpenStates summary

Warning

Bond authorization creates state fiscal liability

Limitation

Analysis based on abstract only; no full bill text available

4

Where it stands

Introduced

Complete
2

Committee

Current

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

3

Floor

Upcoming
4

Governor

Upcoming
5

Enacted

Upcoming
5

How it affects your district

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6

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