LD 1677
pg. 123
Page 122 of 149 An Act To Make Supplemental Appropriations and Allocations for the Expenditures... Page 124 of 149
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LR 2150
Item 1

 
or private source. The fund may not lapse, but must be carried
forward to carry out the purposes of this chapter.

 
Sec. C-2. Establishment of account. The Board of Directors of Dirigo
Health shall establish, through the Department of Administrative
and Financial Services, Office of the State Controller, the
Dirigo Health Enterprise Fund account. All prior references to
Other Special Revenue Funds or a dedicated account in reference
to Dirigo Health must be replaced with references to the Dirigo
Health Enterprise Fund, and all allocations transfer from Other
Special Revenue Funds to the Dirigo Health Enterprise Fund.

 
PART D

 
Sec. D-1. Department of Administrative and Financial Services; lease-purchase
authorization. Pursuant to the Maine Revised Statutes, Title 5,
section 1587, the Department of Administrative and Financial
Services, in cooperation with the Treasurer of State, may enter
into financing arrangements in fiscal years 2005-06 and 2006-07
for the acquisition of motor vehicles for the Central Fleet
Management Division. The financing agreements entered into in
each fiscal year may not exceed $5,000,000 in principal costs,
and no financing arrangement may exceed 4 years in duration. The
interest rate may not exceed 7%. The annual principal and
interest costs must be paid from the appropriate line category
allocations in the Central Fleet Management Division account.

 
Sec. D-2. Department of Administrative and Financial Services; lease-purchase
authorization. Pursuant to the Maine Revised Statutes, Title 5,
section 1587, the Department of Administrative and Financial
Services, on behalf of the Department of Public Safety, may enter
into financing arrangements in fiscal years 2005-06 and 2006-07
for the acquisition of motor vehicles for the Maine State Police.
The financing arrangements entered into each fiscal year may not
exceed $1,800,000 in principal costs, and no financing
arrangement may exceed 3 years in duration. The interest rate
may not exceed 7% and total interest costs with respect to the
financing arrangements entered into in each fiscal year may not
exceed $200,000. The annual principal and interest costs must be
paid from the appropriate line category appropriations and
allocations in the Department of Public Safety accounts.

 
PART E


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