An Act to Support
Maine Legislature, Session 132, LD 2124
Committee Amendment CA_B_H888 (House)
Amends: 36 MRSA §4641-B

COMMITTEE AMENDMENT " D" to H.P. 1439, L,D. 2124, "An Act to Support
Emergency Shelter Funding Using Revenue from the Real Estate Transfer Tax"
Amend the bill by striking out everything after the enacting clause and inserting the
following:
'See. 1. 36 MRSA §4641-B, sub-§4-B, ^E-2, as enacted by PL 2025, c. 388, Pt.
V, §6 and affected by § 10, is amended to read:
E-2. In fiscal year 2026-27 and each fiscal year thereafter, the Treasurer of State shall
credit the revenues derived from the tax imposed pursuant to section 4641-A,
subsection 1 in accordance with this paragraph.
(1) At the beginning of the fiscal year, the Maine State Housing Authority shall
certify to the Treasurer of State the amount that is necessary and sufficient to meet
the authority's obligations relating to bonds issued or planned to be issued by the
authority under Title 30-A, section 4864.
(2) After reducing the revenue amount by the amount certified pursuant to
subparagraph (1), on a monthly basis, of the remaining revenue, the Treasurer of
State shall:
(a) Pay 18% to the Department of Health and Human Services, which shall
deposit the funds in the Housing First Fund established in Title 22, section
20-A, subsection 2;
(b) Pay 32% to the Maine State Housing Authority, which shall deposit the
funds in the Housing Opportunities for Maine Fund created in Title 30-A,
section 4853;
(c) Pay 30% to the Maine State Housing Authority, which shall deposit the
funds in the Housing Production Fund established in Title 30-A, section 4773
to support the federal low-income housing tax credit as provided in Section 42
of the United States Internal Revenue Code of 1986, as amended, and the
COMMITTEE AMENDMENT
^os
COMMITTEE AMENDMENT ",U " to H.P.1439, L.D.2124
authority's rural affordable rental housing program and affordable
homeownership program; afid
(d) Deposit 30% 18% in the General Fund-: and
(e) Pay 2% to the Maine State Housine Authority. which shall deposit the
funds in the authority's shelter operating subsidy woeram. which suooorts
emergency homeless shelters in the State.
Sec. 2. Appropriations and allocations. The following appropriations and
allocations are made.
HOUSmG AUTHORITY, MAINE STATE
Shelter Operating Subsidy 0661
Initiative: Allocates funds to support emergency homeless shelters in the State through the
authority's shelter operating subsidy program.
OTHER SPECIAL REVENUE FUNDS 2025-26 2026-27
AllOther $0 $1,012,617
OTHER SPECIAL REVENUE FUNDS TOTAL $0 $1,012,617
Sec. 3. Effective date. This Act takes effect September 1,2026.'
Amend the bill by relettermg or renumbering any nonconsecutive Part letter or section
number to read consecutively.
SUMMARY
This amendment, which is the minority report of the committee, replaces the bill. It
reduces the percentage of revenue &om the real estate transfer tax deposited to the General
Fund from 20% to 18% and requires that 2% of the real estate transfer tax revenue be paid
to the Maine State Housing Authority, which must deposit the funds in the authority's
shelter operating subsidy program, which supports emergency homeless shelters in the
State, The amendment also includes an allocation to the shelter operating subsidy program
in fiscal year 2026-27.
FISCAL NOTE REQUIRED
(See attached)
COMMITTEE AMENDMENT
Approved: 03/13/26 t-K*'
LD 2124 LR 2746(03)
An Act to Support Emergency Shelter Funding Using Revenue from the Real Estate Transfer Tax
Fiscal Note for Bill as Amended by Committee Amendment ^
Committee: Housing and Economic Development
Fiscal Note Required: Yes
Fiscal Note
Projections Projections
FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29
Net Cost (Savings)
General Fund $0 $1,012,617 $1,206,452 $1,255,184
ppropriationsA^llocations
Other Special Revenue Funds $0 $1,012,617 $1,206,452 $1,255,184
Revenue
General Fund $0 ($1,012,617) ($1,206,452) ($1,255,184)
Other Special Revenue Funds $0 $1,012,617 $1,206,452 $1,255,184
Fiscal Detail and Notes
The bill shifts 2 percent of real estate transfer tax revenue from the General Fund to the Maine State Housing
Authority's, Shelter Operating Subsidy, Other Special Revenue Funds program, resulting in a decrease in General
Fund revenue of $1,012,617 in fiscal year 2026-27,
The bill also provides an Other Special Revenue Funds allocation of $1,012,671 in fiscal year 2026-27 to the Maine
State Housing Authority's, Shelter Operating Subsidy program.
LR2746(03) - Fiscal Note - Page 1 of 1