LD 2676
pg. 19
Page 18 of 23 An Act to Repeal Certain Inactive Boards and Commissions and to Amend Certain L... Page 20 of 23
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LR 4079
Item 1

 
Department of Education, the Department of Public Safety, the
American Automobile Association, the Maine Highway Safety
Commission, law enforcement agencies, the insurance industry,
the motor carrier industry and a driver education teacher and
instructor. The Technical Review Panel shall assist the
Secretary of State in developing curriculum and teacher and
instructor training and certification.

 
Sec. 117. 30-A MRSA §5953-D, as renumbered by RR 1993, c. 2, §27, is
repealed.

 
Sec. 118. 30-A MRSA §5959, sub-§1, ¶A, as corrected by RR 1993, c. 2,
§29, is amended to read:

 
A. Implement sections 5953-A, 5953-B, 5953-D, 6006-A, 6006-
B and 6006-D to ensure the self-sustaining nature of the
funds created under sections 6006-A and 6006-B and that
portion of the fund under section 6006-D determined to be
self-sustaining; and

 
Sec. 119. 30-A MRSA §6006-D, sub-§1, ¶B, as corrected by RR 1993, c. 2,
§30, is amended to read:

 
B. The bank shall administer the fund. The fund must be
invested in the same manner as permitted for investment of
funds belonging to the State or held in the State Treasury.
The fund must be established and held separate from any
other funds or money of the State or the bank and used and
administered exclusively for the purpose of this section and
section 5953-D. The fund consists of the following:

 
(1) Sums that are appropriated by the Legislature or
transferred to the fund from time-to-time by the
Treasurer of State;

 
(2) Principal and interest received from the repayment
of loans made from the fund;

 
(3) Capitalization grants and awards made to the State
or an instrumentality of the State by the Federal
Government for any of the purposes for which the fund
has been established. These amounts must be paid
directly into the fund without need for appropriation
by the State;

 
(4) Interest earned from the investment of fund
balances;


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