Maine 2025-2026 Regular Session

Maine House Bill LD1089 Latest Draft

Bill / Introduced Version

                            Printed on recycled paper
132nd MAINE LEGISLATURE
FIRST REGULAR SESSION-2025
Legislative Document	No. 1089H.P. 711House of Representatives, March 18, 2025
An Act to Permanently Fund 55 Percent of the State's Share of 
Education by Establishing a Tax on Incomes of More than 
$1,000,000
Received by the Clerk of the House on March 14, 2025.  Referred to the Committee on 
Taxation pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.
ROBERT B. HUNT
Clerk
Presented by Representative GOLEK of Harpswell.
Cosponsored by Senator TIPPING of Penobscot and
Representatives: BRIDGEO of Augusta, Speaker FECTEAU of Biddeford, FRIEDMANN of 
Bar Harbor, GATTINE of Westbrook, OSHER of Orono, RANA of Bangor, SALISBURY of 
Westbrook, Senator: DUSON of Cumberland. Page 1 - 132LR1823(01)
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2 is enacted to read:
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4 and administered as follows.
5 A. For tax years beginning on or after January 1, 2025, in addition to any other tax 
6 imposed by this chapter, a surcharge at the rate of 4% is imposed on that portion of the 
7 taxpayer's Maine taxable income in excess of $1,000,000.
8 B. All revenue collected under this subsection must be used to fund public 
9 prekindergarten to grade 12 education.
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11 This bill imposes an income tax surcharge of 4% on that portion of a taxpayer's Maine 
12 taxable income in excess of $1,000,000 to fund public prekindergarten to grade 12 
13 education.
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