Prevent the Closure of Maine Businesses

Last updated: May 13, 2019

Details about this bill
Category: General Business
Status: Defeated
Sponsor: Senator Troy Jackson, Senate 35 - York County
Session: 129
Bill #: LD 596



UPDATE: The committee voted the bill Ought Not to Pass.


This bill requires that a person proposing to permanently shut down an industrial or commercial facility make an offer of sale, at fair market value, of the facility and equipment to an interested employee organization or to a privately owned business entity, government-owned business entity or jointly owned business entity.