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| | | Part T amends the law as it relates to the length of time | | the State Treasurer is required to hold unclaimed property, | | formerly known as "abandoned" property. It also updates the | | law to correct references to "abandoned" property and correct | | cross-references. |
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| | | Part U directs all state agencies to implement measures to | | reduce energy consumption within their agencies. |
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| | | Part V does the following. |
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| | | 1. It changes the distribution of the State's share of | | real estate tax proceeds that are currently paid to the Maine | | State Housing Authority. |
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| | | 2. It authorizes the Director of the Bureau of General | | Services within the Department of Administrative and Financial | | Services to sell or transfer ownership of surplus state-owned | | land to assist the Maine State Housing Authority in the | | development of affordable housing. |
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| | | 3. It expresses the intent of the Legislature for the Maine | | State Housing Authority to achieve savings from existing | | resources to maintain assistance to the homeless. |
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| | | Part W does the following. |
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| | | 1. It delays the .1% increase in Municipal Revenue Sharing | | to July 1, 2005. |
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| | | 2. It authorizes the State Treasurer to withhold local | | government fund amounts from distribution to be used for | | incentives for municipalities to achieve administrative | | savings. |
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| | | Part X delays the increase in Seed Capital Tax Credit. |
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