LD 1442
pg. 1
LD 1442 Title Page An Act To Provide Administrative Support to the Treasurer of State's Cash Pool ... LD 1442 Title Page
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LR 1933
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 5 MRSA §154, as enacted by PL 2001, c. 559, Pt. F, §1, is
amended to read:

 
§154. Services to nonstate agencies

 
Notwithstanding any other provision of law, the State
Controller may establish an account within Other Special
Revenue funds for the Treasurer of State to recover the cost
of providing administrative services to the Maine Military
Authority and the cost of providing investment services to
component units of the State and private trust funds invested
in the Treasurer of State's cash pool.

 
SUMMARY

 
This bill allows the Treasurer of State to recover the cost
of providing administrative and investment services to
component units of the State as a result of their
participation in the Treasurer of State's cash pool.


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