An Act To Expand The Maine Historic Rehabilitation Credit And Establish A Weatherization Tax Credit

This bill expands Maine's historic rehabilitation tax credit and establishes a new weatherization tax credit for historic homes. It allows homeowners to claim a tax credit for qualified exterior improvements on properties that are listed on the National Register of Historic Places, designated as local landmarks, or meet specific state criteria. The legislation requires the state director to certify eligibility for these credits and mandates regular reviews by the Maine Historic Preservation Commission to analyze the program's financial impact and recommend future funding. Additionally, the bill clarifies that locally designated historic buildings do not need to be nominated to the National Register to qualify for the credit.