Resolve, To Leverage Federal Opportunities for Job Creation in Maine

Sec. 1. Review by department. Resolved: That the Department of Economic and Community Development shall review federal initiatives and pending federal legislation that promote the development of new employment, particularly employment in the manufacturing sector. The department shall identify initiatives to be undertaken on a state and local level that have the potential to leverage federal funding, including but not limited to:

1. Enhanced tax increment financing, including providing incentives to municipalities that provide tax increment financing to companies expanding under federal incentives;

2. Enhanced and expedited job training resources; and

3. Other incentives designed specifically to work to augment federal initiatives and leverage federal funding.

The department shall submit a report on its findings, including any necessary proposed legislation, to the Joint Standing Committee on Labor, Commerce, Research and Economic Development by December 1, 2011.

summary

This resolve directs the Department of Economic and Community Development to review federal initiatives and pending federal legislation that promote the development of new employment, particularly employment in the manufacturing sector. The department shall identify initiatives to be undertaken on a state and local level that have the potential to leverage federal funding and report to the Joint Standing Committee on Labor, Commerce, Research and Economic Development by December 1, 2011.