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Lawmakers considering bond proposals

Feb
24

AUGUSTA — After taking a break last year from endorsing state borrowing for public projects, Maine lawmakers on Thursday began considering a list of more than two-dozen bond issue proposals totaling nearly $600 million...The nonprofit GrowSmart Maine testified Thursday in favor of four of the bills before the committee Thursday, saying the state would benefit from the strategic use of bonding for economic development, research, infrastructure improvements and conservation.  Read more...

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Rockland building renovation benefits from tax credits

Jul
22

ROCKLAND, Maine (NEWS CENTER6) -- Historic preservation groups say jobs have been created in Maine because of a tax credit program for historic renovation projects.

The groups are cheering a 10-year extension of the tax credit that was approved by the legislature last month. 449 Main Street in Rockland is the most recent building in Maine to be renovated under the tax credit. This credit allows the owners of a building to deduct a substantial amount of the cost of renovation from their taxes.  Read more...

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