LD 449
pg. 4
Page 3 of 5 An Act To Make Changes to the Pine Tree Development Zones Page 5 of 5
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LR 416
Item 1

 
Zone benefits of a qualified business. An amendment may not result
in the zone's being out of compliance with any of the requirements
in section 5250-J.

 
Sec. 9. 30-A MRSA §5250-L, as enacted by PL 2003, c. 688, Pt. D, §2,
is amended to read:

 
§5250-L. Selection criteria

 
1. Review and selection of zones. The commissioner shall
review applications and select zones for designation based upon
the following criteria:

 
A. Severity of economic distress within the region affected
by the Pine Tree Development Zone;

 
B. Viability of a development plan described under section
5250-J, subsection 4, paragraph E;

 
C. Commitment of local and regional financial resources;

 
D. Partnerships with public and private organizations; and

 
E. Impact on surrounding regions of the Pine Tree
Development Zone.

 
2.__Review and selection of department acres.__The
commissioner shall review information and select acres, referred
to in this subsection as "department acres," for designation
based upon the following criteria:

 
A.__Severity of economic distress within the affected
community or region;

 
B.__Impact of the proposed development project on the
regional economy; and

 
C.__Cooperation with regional councils of governments as
described in chapter 119 and participating units of local
governments.

 
Department acres may be added to an existing Pine Tree
Development Zone and must conform generally to the requirements
set forth in section 5250-J, subsection 4.

 
SUMMARY

 
This bill affects the Pine Tree Development Zone laws by:


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