LD 1691
pg. 77
Page 76 of 99 An Act To Eliminate Pension Cost Reduction Bonding and Provide Replacement Budg... Page 78 of 99
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LR 2419
Item 1

 
2.__Establishment of program. The department shall establish
the STAR Transportation Fund__program through the Department of

 
Administrative and Financial Services, Office of the State
Controller.

 
3.__Use of funds.__The money deposited into the STAR
Transportation Fund must be used for the support of the
activities of the STAR Transportation Fund to manage transit,
aeronautics and rail transportation.

 
4.__Disbursements from fund. Money disbursed from the STAR
Transportation Fund may be used for the purpose of purchasing,
operating, maintaining, improving, repairing, constructing and
managing the assets of the STAR Transportation Fund including
buildings, structures and improvements and equipment.

 
5.__Other fund sources. The STAR Transportation Fund may
accept funds from other sources, including, but not limited to,
the Federal Rail Administration, to carry out the provisions of
this section.

 
6.__Financial management.__All assets including the cash
balance, liabilities and equity in the Augusta State Airport Fund
must be transferred to the STAR Transportation Fund and accounted
for in a manner prescribed by the Department of Administrative
and Financial Services, Office of the State Controller.

 
§4210-C. Marine Highway account

 
1.__Establishment of account. The department shall establish,
through the Department of Administrative and Financial Services,
Office of the State Controller, the Marine Highway account,
referred to in this section as "the account," in the Highway
Fund.

 
2.__Purpose of account.__The purpose of the account is to
allow the Highway Fund to provide support to the Maine State
Ferry Service that was previously provided by the General Fund
because ferries are an integral part of the highway system and
carry motor vehicles and are the only method of vehicular
transportation available to and from the islands.

 
3.__Calculation.__The account is not considered a General Fund
appropriation or Highway Fund allocation for highway purposes in
order to calculate the annual funding for the Urban-Rural
Initiative Program pursuant to section 1803-B.

 
§4210-D. Accounting


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