The total amount of direct relief to individual Mainers would be increased by $100 from the governor’s previous plan.
state budget
Posted inMaine, News, Politics
Democrats advance proposed $8.3 billion state budget to full Legislature
The budget bill, which gained no Republican support in committee, will be taken up by the Legislature when it meets Tuesday at the Augusta Civic Center.
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Posted inMaine, News, Politics
Republicans blast Democrats’ budget plan as incomplete, partisan ‘sham’
The state’s next 2-year budget could be pushed through with votes by Democrats only as the Legislature heads toward a session next week at the Augusta Civic Center.
Posted inMaine, News, Politics
Democrats signal push to pass state budget without Republicans’ support
The move could keep Gov. Janet Mills in the driver’s seat on how new federal pandemic relief funds will be spent.
Posted inBusiness, Maine, News, Politics
Deal on state tax exemption implodes as Republicans balk at supplemental budget
Democrats support a bill to reduce tax liability for businesses and individuals who received federal COVID-19 relief loans or benefits, but Republicans are pushing for more.
Posted inBusiness, Maine, News
Maine tax revenues ahead of forecasts, despite pandemic’s impact
Finance commissioner Kirsten Figueroa said revenues for January were nearly $90 million more than predicted and up by more than $154 million for the first 7 months of the current fiscal year.
Posted inMaine
Gov. Mills to deliver a virtual ‘state of the budget’ address
The governor says she’ll use the speech to honor those who’ve lost their lives during the pandemic, discuss the impact of the health crisis on the state, and share her vision for economic recovery.
Posted inBusiness, Maine, News, Politics
Mills’ budget proposal would tax Paycheck Protection Program funds as income
The Legislature’s tax and budget committees met Monday to hear testimony on a set of proposals by Gov. Janet Mills that could leave some businesses paying state taxes on loans exempt from federal taxes.
Posted inMaine, News, Politics
Gov. Mills proposes $8.4 billion, 2-year budget that doesn’t raise taxes
The budget adds to the state’s ‘rainy day’ fund despite the impact of COVID-19 on state revenues.
Posted inMaine, News, Politics
Mills’ next budget in balance without tax hikes, despite revenue losses
The budget that Gov. Janet Mills will submit to the Legislature on Friday would maintain critical government services at a time when they are needed most, says Finance Commissioner Kirsten Figueroa.