An Act To Prohibit Ownership Of 6 Percent Or More Or Control Of A Public Utility By An Entity Providing Aid To A Foreign Terrorist Organization

LD 1160 prohibits entities that have provided material aid or support to a foreign terrorist organization (as designated by the U.S. government under immigration law) from owning 6% or more of, or controlling, a public utility or its parent company in Maine. The Public Utilities Commission must investigate and determine if an entity provided such aid before taking action, and if a violation occurs, must order the utility to divest. This law directly affects public utility companies and their owners by blocking ties to terrorism-linked entities. It applies to all critical utility services relied upon by Maine residents, aiming to prevent security risks in essential infrastructure.