| | | 5. Allocation to the Treasurer of State. That portion of the | | state ceiling allocated under this section to the category of | general obligationsshall | | allocated to the Treasurer of State, who may further allocate | | that portion of the state ceiling to bonds of the State requiring | | an allocation in order to qualify as tax-exempt bonds. Any | | further allocation or reallocation of any portion of the state | | ceiling from the Treasurer of State to another specific issuer | | designated in this section must be done in accordance with the | | requirements in subsection 1-A. |
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| | | Sec. 4. 10 MRSA §363, sub-§6, as amended by PL 1991, c. 603, §2, is | | further amended to read: |
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| | | 6. Allocation to the Finance Authority of Maine. That | | portion of the state ceiling allocated to the category of bonds | which | | from the revenues of the projects financed with the proceeds of | | the bonds, other than for housing-related projects or issues | | included in an issue of the Maine Municipal Bond Bank, as well as | | that portion of the state ceiling allocated to bonds authorized | | to be issued by the Finance Authority of Maine pursuant to Title | | 20-A, chapter 417-B, must be allocated to the Finance Authority | | of Maine, which may further allocate that portion of the state | | ceiling to bonds requiring an allocation in order to qualify as | | tax-exempt bonds. Any further allocation or reallocation of any | | portion of the state ceiling from the Finance Authority of Maine | | to another specific issuer designated in this section must be | | done in accordance with the requirements in subsection 1-A. |
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| | | Sec. 5. 10 MRSA §363, sub-§7, as amended by PL 1989, c. 224, §1, is | | further amended to read: |
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| | | 7. Allocation to the Maine Municipal Bond Bank. That portion | of the state ceiling allocated to the category of bonds which | | that are general obligations of issuers within the State, other | than the State; which | Maine Municipal Bond Bank; which | of the Maine Public Utility Financing Bank; or which | | qualified redevelopment bonds as defined in the United States | Code, Title 26, shall | | Bond Bank, which may further allocate that portion of the state | | ceiling to bonds requiring an allocation in order to qualify as | | tax-exempt bonds. Any further allocation or reallocation of any | | portion of the state ceiling from the Maine Municipal Bond Bank | | to another specific issuer designated in this section must be | | done in accordance with the requirements in subsection 1-A. |
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| | | Sec. 6. 10 MRSA §363, sub-§8, as amended by PL 1999, c. 443, §2, is | | further amended to read: |
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