| | 5.__Annual report.__The board shall report by February 1st of | each year to the Governor and to the joint standing committee of | the Legislature having jurisdiction over business and economic | development matters and the joint standing committee of the | Legislature having jurisdiction over state and local government | matters on its findings and recommendations. |
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| | Sec. 2. 5 MRSA §12004-I, sub-§2-F is enacted to read: |
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| Business | Regulatory | Authorized | §56 |
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| | Sec. 3. Initial meeting; acting chair. The Governor shall establish the | date of the organizational meeting of the board no later than 30 | days after completing initial appointments. The Governor shall | designate an acting chair from among the appointees. The acting | chair shall preside at the organizational meeting until a | permanent chair and a vice-chair are elected from among the | board's membership. |
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| | This bill establishes the 5-member Maine Regulatory Fairness | Board. Among the duties of this advisory board are to take | testimony concerning, and to report to the Legislature and the | Governor at least annually on, regulatory and statutory changes | necessary to enhance the State's business climate. |
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