Jackson bill to boost Loring Development Authority becomes law

AUGUSTA – A bill from Senate President Troy Jackson of Allagash to help the Loring Development Authority (LDA) navigate the COVID-19 was signed by Gov. Janet T. Mills on Wednesday.  “As we continue to get the COVID-19 pandemic under control and get our economy back up to speed, this vital investment in the Loring Development […]

Pres. Jackson bill to boost Loring Development Authority enacted

AUGUSTA – A bill from Senate President Troy Jackson of Allagash to help the Loring Development Authority (LDA) navigate the COVID-19 was enacted by the Legislature early Friday morning. The proposal would provide flexible financing to support LDA’s efforts to revitalize the Loring Air Force Base by embracing new economic opportunities and creating good-paying jobs.  […]

Committee unanimously approves Jackson bill to support Loring Development Authority

AUGUSTA — The Committee on Innovation, Development, Economic Advancement and Business on Thursday unanimously approved a bill sponsored by Senate President Troy Jackson, D-Allagash, to expedite state payments to Loring Development Authority in Limestone. The bill — LD 1835, “An Act To Authorize Early Payment of Anticipated Funds to the Loring Job Increment Financing Fund” — would […]