LD 1318
pg. 3
Page 2 of 4 Resolve, To Encourage Personal and Family Financial Management Education Page 4 of 4
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LR 1227
Item 1

 
Sec. 6. Staff assistance. Resolved: That, upon approval of the Legislative
Council, the Office of Policy and Legal Analysis shall provide
necessary staffing services to the commission; and be it further

 
Sec. 7. Compensation. Resolved: That the legislative members of the
commission are entitled to receive the legislative per diem, as
defined in the Maine Revised Statutes, Title 3, section 2, and
reimbursement for travel and other necessary expenses related to
their attendance at authorized meetings of the commission.
Public members not otherwise compensated by their employers or
other entities that they represent are entitled to receive
reimbursement of necessary expenses and, upon a demonstration of
financial hardship, a per diem equal to the legislative per diem
for their attendance at authorized meetings of the commission;
and be it further

 
Sec. 8. Report. Resolved: That, no later than December 3, 2005, the
commission shall submit a report that includes its findings and
recommendations, including suggested legislation, for
presentation to the Second Regular Session of the 122nd
Legislature. The commission is authorized to introduce
legislation related to its report to the Second Regular Session
of the 122nd Legislature at the time of submission of its report;
and be it further

 
Sec. 9. Extension. Resolved: That, if the commission requires a
limited extension of time to complete its study and make its
report, it may apply to the Legislative Council, which may grant
an extension; and be it further

 
Sec. 10. Commission budget. Resolved: That the chairs of the
commission, with assistance from the commission staff, shall
administer the commission's budget. Within 10 days after its
first meeting, the commission shall present a work plan and
proposed budget to the Legislative Council for its approval. The
commission may not incur expenses that would result in the
commission's exceeding its approved budget. Upon request from
the commission, the Executive Director of the Legislative Council
shall promptly provide the commission chairs and staff with a
status report on the commission budget, expenditures incurred and
paid and available funds.

 
Emergency clause. In view of the emergency cited in the preamble,
this resolve takes effect when approved.


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