B. After the first 5 years that the State receives money |
pursuant to subsection 2, paragraph A, the Treasurer of |
State shall report to the Legislature the amount that is |
available for allocation to the Maine Biomedical Research |
Fund established in Title 5, section 13103, subsection 3 and |
for the purposes specified in subsection 6 equal to 90% of |
the sum of the amount expected to be available in the fund |
from all sources. Of that 90%, 1/3 must be allocated to the |
Maine Biomedical Research Fund and 2/3 is available for |
allocations for the purposes specified in subsection 6. The |
remaining funds must be held in a contingency reserve. |