11.__Good Corporate Citizen Fund established.__The Good Corporate Citizen Fund, referred to as the "fund" in this article, is established for the implementation of this article.__ The Department of Administrative and Financial Services, Maine Revenue Services shall divert 1/2 of one percent of the reimbursement for taxes paid on certain business property, pursuant to Title 36, chapter 915, to the fund.__Money deposited in the fund must be made available to the Department of Labor for implementation of this article, and if sufficient, for increased monitoring and enforcement activities.

12.__Rulemaking.__The Department of Labor shall adopt rules to ensure effective administration of this article.__Rules adopted pursuant to this section are routine technical rules pursuant to chapter 375, subchapter II-A.

SUMMARY

This bill establishes that public investments must be available only to businesses that protect and promote the long- term health, safety, welfare and prosperity of their employees and the State's communities. The bill also recognizes that taxpayer investments in economic development are a discretionary use of limited public resources.