LD 468
pg. 302
Page 301 of 348 An Act Making Unified Appropriations and Allocations for the Expenditures of St... Page 303 of 348
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LR 2149
Item 1

 
G. A gift obligation or stored-value card, 3 2 years after
December 31st of the year in which the gift obligation
occurred or the card was purchased. A period of limitation
may not be imposed on the owner's right to redeem the gift
obligation or stored-value card. The amount unclaimed is the
face value of the gift obligation or stored-value card, except
that the amount unclaimed is 60% of the gift obligation's or
stored-value card's face value if the issuer of the gift
obligation does not impose a dormancy charge. Fees or charges
may not be imposed on gift obligations or stored-value cards
unless they are noted on the gift obligation or stored-value
card and are in accordance with section 1956. The amount of
these charges or fees may not be unconscionable;

 
Sec. FF-2. 33 MRSA §1958, sub-§4, as enacted by PL 1997, c. 508, Pt.
A, §2 and affected by §3, is amended to read:

 
4. Filing period. The report must be filed before November
1st of each year and cover the 12 months next preceding July 1st
of that year, but a report with respect to a life insurance
company must be filed before May 1st of each year for the
calendar year next preceding.:

 
A.__Before May 1st for amounts owed under life insurance
policies, gift obligations and stored-value cards reportable
as of the end of the preceding calendar year; and

 
B.__Before November 1st for all property not included in
paragraph A reportable as of the end of the preceding state
fiscal year ending June 30th.

 
PART GG

 
Sec. GG-1. Voluntary employee incentive programs. Notwithstanding the
Maine Revised Statutes, Title 5, section 903, subsections 1 and
2, the Commissioner of Administrative and Financial Services
shall offer for use prior to July 1, 2007 special voluntary
employee incentive programs for state employees, including a 50%
workweek option, flexible position staffing and time off without
pay. Employee participation in a voluntary employee incentive
program is subject to the approval of the employee's appointing
authority.

 
Sec. GG-2. Continuation of health insurance. Notwithstanding the Maine
Revised Statutes, Title 5, section 285, subsection 7 and section
903, the State shall continue to pay health and dental insurance


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