Sec. 1. 5 MRSA §3305, sub-§1-A is enacted to read:

1-A.__Sustainable energy development program.__The office shall approve demonstration community projects to be funded by the Finance Authority of Maine pursuant to Title 10, section 1100-Z.

Sec. 2. 5 MRSA §3327, sub-§2, ¶¶E and F, as enacted by PL 2001, c. 630, §1, are amended to read:

E. Study specific energy issues and problems of state- level significance in order to develop sound, coordinated policies; and

F. Seek cooperation from federal agencies with jurisdiction over energy matters to ensure that their programs and projects serve the best interests of the State.; and

Sec. 3. 5 MRSA §3327, sub-§2, ¶G is enacted to read:

G.__Provide advice and guidance to the Finance Authority of Maine in the use of the Sustainable Energy Trust Fund pursuant to Title 10, section 1100-Z and establish priorities for use of the funds.

Sec. 4. 10 MRSA c. 110, sub-c. 12 is enacted to read:

SUBCHAPTER 12

SUSTAINABLE ENERGY TRUST FUND

§1100-Z.__Sustainable Energy Trust Fund

1.__Established.__The Sustainable Energy Trust Fund, referred to in this section as "the fund," is a nonlapsing fund established under the jurisdiction of the authority.__ Money in the fund not currently needed to meet the obligations of the authority as provided in this section may be invested in such a manner as permitted by law.

2.__Sources of money.__The following money must be paid into the fund:

A.__All funds collected by the Public Utilities Commission pursuant to Title 35-A, section 3210, subsection 7;

B. Subject to any pledge, contract or other obligation, all interest, dividends or other pecuniary gains from investment of money from the fund;