Whereas, preschool and small preschool facilities are required to undertake lead abatement measures and do not have the financial resources required to do so; and

Whereas, the safety and welfare of Maine's children depend in part on the availability of safe, healthy day care environments, some of which can be secured only with financial assistance; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 30-A MRSA c. 201, sub-c. IX-C is enacted to read:

SUBCHAPTER IX-C

LEAD ABATEMENT REVOLVING LOAN FUND

§4929.__Lead Abatement Revolving Loan Fund

The Lead Abatement Revolving Loan Fund is established under the jurisdiction of the Maine State Housing Authority.__For the purposes of this subchapter, "fund" means the Lead Abatement Revolving Loan Fund and "state authority" means the Maine State Housing Authority.

1.__Sources of fund.__The following money must be paid into the fund:

A.__All money appropriated for inclusion in the fund;

B.__Subject to any pledge, contract or other obligation, any money that the state authority receives in repayment of loans or advances from the fund;

C.__Subject to any pledge, contract or other obligation, all interest, dividends and other income from investment of the fund; and

D.__Any other money, including federal money, deposited in the fund to implement the provisions of this subchapter.