All Other $145,000

Provides funds for the Maine Science and Technology Foundation to develop, prepare and submit to the Governor and the Legislature the initial evaluation of the State's public investments in research and development.

FISCAL NOTE

2000-01

APPROPRIATIONS/ALLOCATIONS

General Fund $145,000

This bill includes a General Fund appropriation of $145,000 in fiscal year 2000-01 for the Maine Science and Technology Foundation to develop, prepare and submit the initial evaluation of the State's public investments in research and development.

SUMMARY

This bill requires the Maine Science and Technology Foundation to prepare an initial evaluation of state investments in research and development by July 1, 2001 and changes the date for each subsequent 5-year evaluation from the first day of each legislative session to July 1st. The bill also requires recipients of state research and development funding to submit certain information on the research and development activity to the Maine Science and Technology Foundation in order to assist the foundation in preparing the comprehensive evaluation. Finally, the bill appropriates $145,000 in fiscal year 2000-01 to the Maine Science and Technology Foundation for preparation of the initial research and development evaluation.