LD 2220
pg. 42
Page 41 of 43 An Act to Make Supplemental Appropriations and Allocations for the Expenditures... Page 43 of 43
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LR 3659
Item 1

 
Part R lapses funds from a General Fund account in the
Legislature to the General Fund in fiscal year 2002-03.

 
PART S

 
Part S transfers balances from the Other Special Revenue
Funds account in the Maine State Museum account to the General
Fund in fiscal year 2002-03.

 
PART T

 
Part T transfers balances from an Other Special Revenue
Funds account in the Department of Marine Resources to the
General Fund in fiscal year 2002-03.

 
PART U

 
Part U transfers balances from an Other Special Revenue
Funds account in the Department of Professional and Financial
Regulations to the General Fund in fiscal year 2002-03.

 
PART V

 
Part V transfers balances from 3 Other Special Revenue Funds
accounts in the Department of Public Safety to the General
Fund in fiscal year 2002-03.

 
PART W

 
Part W transfers balances from 2 Other Special Revenue Funds
accounts in the Public Utilities Commission to the General
Fund in fiscal year 2002-03.

 
PART X

 
Part X does the following:

 
1. Amends the law to allow for notification of unclaimed
property to be published in media other than the newspaper;
and

 
2. Amends the law to allow the Treasurer of State the
option of selling tangible property via electronic auction and
encourages sales at more frequent intervals. It also permits
the Treasurer of State to dispose of the securities of those
issues whose custodial costs exceed their value reasonably
soon after being advertised. Once sold, the rightful owner
will receive the proceeds of the sale when that owner makes a
claim.

 
PART Y


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