Sec. 1. 10 MRSA §1013, sub-§15, as amended by PL 1997, c. 732, §2, is further amended to read:

15. Scholarships for Maine Fund. The Scholarships for Maine Fund, as established in Title 20-A, chapter 419-C; and

Sec. 2. 10 MRSA §1013, sub-§16, as enacted by PL 1997, c. 732, §3, is amended to read:

16. Maine College Savings Program. The Maine College Savings Program, as established in Title 20-A, chapter 417-E.; and

Sec. 3. 10 MRSA §1013, sub-§17 is enacted to read:

17.__Scholarships for Law Enforcement Education Fund.__The Scholarships for Law Enforcement Education Fund, as established in Title 20-A, chapter 428-A.

Sec. 4. 20-A MRSA c. 428-A is enacted to read:

CHAPTER 428-A

SCHOLARSHIPS FOR LAW ENFORCEMENT

EDUCATION FUND

§12521.__Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1.__Authority.__"Authority" means the Finance Authority of Maine.

2.__Chief executive officer.__"Chief executive officer" means the Chief Executive Officer of the Finance Authority of Maine.

3.__State postsecondary educational institution.__"State postsecondary educational institution" means the University of Maine System, the Maine Maritime Academy and the Maine Technical College System.

§12522.__Scholarships for Law Enforcement Education Fund

There is established the Scholarships for Law Enforcement Education Fund to provide financial assistance to college students and graduating high school seniors who demonstrate an interest in pursuing a career in law enforcement.__The chief