LD 1902
pg. 4
Page 3 of 6 An Act To Implement the Recommendations of the Joint Standing Committee on Agri... Page 5 of 6
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LR 2748
Item 1

 
Rural Resources in accordance with Title 7, chapter 101, subchapter
1-D. All money received by the Finance Authority of Maine from any
source for the development and implementation of an improved
agricultural marketing loan program must be credited to the fund.
Any money credited to the fund from the issuance of bonds on behalf
of the State for financing loans for agricultural enterprises may
be used only for the following purposes: to provide assistance to
agricultural enterprises in this State for the design, construction
or improvement of commodity and storage buildings and packing and
marketing facilities; for the purchase, construction or renovation
of buildings, equipment, docks, wharves, piers or vessels used in
connection with a commercial agricultural enterprise; for the
purchase of land in connection with development of new cranberry
acreage; for the purchase of land for irrigation reservoirs or to
provide direct access to water for irrigation; for the purchase of
land necessary for the start-up of a new agricultural enterprise;
for the expansion of an existing agricultural enterprise when the
land acquisition is necessary to comply with land use regulations;
for the development of a business plan in accordance with the
provisions of Title 7, section 436-A; for improvements to
pastureland, including seeding and actions to promote rotational
grazing; or, if the commissioner so approves at the time of loan
insurance commitment, to pledge money in the fund as security for,
and to apply money in the fund to, payment of principal, interest
and other amounts due on any term loans insured by the Finance
Authority of Maine to an eligible dairy farmer. Repayment of these
loans and interest on these loans must be credited to the fund and
may be used for the purposes stated in this section or Title 7,
section 436. Interest earned on money in the fund and interest
earned on loans made from the fund may be used to pay the
administrative costs of processing loan applications, to the extent
that these costs exceed the fee for administrative costs
established by Title 7, section 435, subsection 4.

 
Sec. 9. Report on Baxter State Park's reservation system. The Baxter State
Park Authority shall submit a report to the joint standing
committee of the Legislature having jurisdiction over state parks
and lands matters no later than January 2, 2006. The report must
include a description of the rolling reservation system scheduled
to go into effect January 1, 2005, a preliminary evaluation of
the effectiveness of the rolling reservation system in fairly and
efficiently allocating campsites and any modifications to the
rolling reservation system that have been adopted or are being
contemplated.

 
Sec. 10. Appropriations and allocations. The following appropriations
and allocations are made.

 
AGRICULTURE, FOOD AND RURAL RESOURCES,


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