| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 5 MRSA §3327, sub-§1, ¶G, as amended by PL 2003, c. 9, §1, is | | further amended to read: |
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| | | G. The Commissioner of Economic and Community Development | | or the commissioner's designee; |
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| | | Sec. 2. 5 MRSA §13033, as amended by PL 2001, c. 142, §2, is | | further amended to read: |
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| | | The commission consists of 7 members: the Chief Executive | | Officer of the Finance Authority of Maine or the Chief Executive | | Officer's designee; the Commissioner of Economic and Community | | Development or the commissioner's designee; the District Director | | of the United States Small Business Administration's Maine | | District Office; and a designee from the administrative unit and | | 3 public members with expertise and knowledge in small business | | and entrepreneurship, appointed by the commissioner. |
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| | | Sec. 3. 5 MRSA §13120-B, sub-§§1 and 5, as enacted by PL 2001, c. 703, | | §6, are amended to read: |
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| | | 1. Carrying costs. "Carrying costs" means reasonable costs | | incurred for the maintenance, protection and security of a | community speculative industrial building prior to occupancy, | | including, but not limited to, insurance, taxes and interest. |
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| | | 5. Speculative industrial building. "Community Speculative | | industrial building" means a building of flexible design and | | suitable for commercial use, for which the construction or | | carrying costs or both are financed through this subchapter for | | the purpose of creating new jobs in a municipality resulting from | | the sale or lease of the building. |
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| | | Sec. 4. 5 MRSA §13120-C, sub-§1, ¶A, as enacted by PL 2001, c. 703, §6, | | is amended to read: |
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| | A. Community Speculative industrial building program, | | pursuant to section 13120-N; |
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| | | Sec. 5. 5 MRSA §13120-D, sub-§1, ¶B, as enacted by PL 2001, c. 703, §6, | | is amended to read: |
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| | | B. Two ex officio members: |
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| | | (1) The Commissioner of Economic and Community | | Development or the commissioner's designee; and |
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