News

Lawmakers to Consider Tax Credits for Logging Businesses

Lawmakers to Consider Tax Credits for Logging Businesses

Photo: 560 WGAN Newsradio


AUGUSTA, Maine (AP)   Lawmakers are set to consider a lawmaker’s idea to offer tax credits for logging and trucking businesses that hire U.S. residents.

The concept bill could receive a Tuesday committee vote. It’s sponsored by Democratic Senate Leader Troy Jackson, a fifth-generation logger whose family still works in Maine’s forests.

Jackson’s bill was still in concept form at a January hearing. Professional Logging Contractors of Maine declined to take a position until it saw actual details.

The trade group said in the last four years, Maine has seen the closure of five pulp and paper mills and the periodic idling of two wood energy electric facilities.

The association said that means Maine has lost 50 percent of its softwood pulp market. More than 5,000 jobs were lost between 2014 and 2016.

Latest Headlines

10 hours ago in Local

Maine Lawmakers Pass Bill to Let Jails Turn Away Some ICE Detainees

Governor Mills has indicated she will sign the bill.

11 hours ago in Local

Two Arrested in Gardiner for Drug Dealing, Gun Charges

Officers say they saw what looked like illegal drugs at the residence.

14 hours ago in Local

New Hampshire Man Dead in I-95 Crash in Newport

Maine State Police say they were on their way to assist a stopped car in the travel lane of I-95.

14 hours ago in Local

Casco Bay Lines considers another fare hike for passengers

Riding the ferry in Casco Bay could get more expensive as the ferry line considers a 21 percent increase for passenger fares.

14 hours ago in Local

Sen. Collins’ office says remark about not seeking another term after November was an “off-hand comment”

Sen. Susan Collins is walking back her comment that she would only serve one more term if elected in November.