PLEASE NOTE: Legislative Information cannot perform research, provide legal advice, or interpret Maine law. For legal assistance, please contact a qualified attorney.
An Act To Ensure Equity in Funding to State Postsecondary Institutions of Higher Learning
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 8 MRSA §1036, sub-§2, ¶F, as amended by PL 2005, c. 663, §12, is further amended to read:
 
F. Two percent of the net slot machine income must be forwarded by the board to the University of Maine System Scholarship Fund created in Title 20-A, section 10909;and to the Board of Trustees of the Maine Maritime Academy to be applied by the board of trustees to fund its scholarship program. The slot machine income under this paragraph must be distributed as follows:
 
(1) The University of Maine System share is the total amount of the distribution multiplied by the ratio of enrolled students in the system to the total number of enrolled students both in the system and at the Maine Maritime Academy; and
 
(2) The Maine Maritime Academy share is the total amount of the distribution multiplied by the ratio of enrolled students at the academy to the total number of enrolled students both in the system and at the academy;
Sec. 2. 8 MRSA §1036, sub-§2-A, ¶B, as enacted by IB 2009, c. 2, §45, is further amended to read:
 
B. Four percent of the net slot machine income must be forwarded by the board to the University of Maine System Scholarship Fund created in Title 20-A, section 10909;and to the Board of Trustees of the Maine Maritime Academy to be applied by the board of trustees to fund its scholarship program. The slot machine income under this paragraph must be distributed as follows:
 
(1) The University of Maine System share is the total amount of the distribution multiplied by the ratio of enrolled students in the system to the total number of enrolled students both in the system and at the Maine Maritime Academy; and
 
(2) The Maine Maritime Academy share is the total amount of the distribution multiplied by the ratio of enrolled students at the academy to the total number of enrolled students both in the system and at the academy;
Sec. 3. Appropriations and allocations. The following appropriations and allocations are made.
 
MARITIME ACADEMY, MAINE
 
Maine Maritime Academy Scholarship Fund - Casino N145
 
Initiative: Provides funding from slot machine revenue for scholarships.

OTHER SPECIAL REVENUE FUNDS	2013-14	2014-15	
All Other	$104,307	$105,385	
			
OTHER SPECIAL REVENUE FUNDS TOTAL	$104,307	$105,385	

MARITIME ACADEMY, MAINE			
DEPARTMENT TOTALS	2013-14	2014-15	
			
OTHER SPECIAL REVENUE FUNDS	$104,307	$105,385	
			
DEPARTMENT TOTAL - ALL FUNDS	$104,307	$105,385	

UNIVERSITY OF MAINE SYSTEM, BOARD OF TRUSTEES OF THE
 
University of Maine Scholarship Fund Z011
 
Initiative: Reduces funding from slot machine revenue for scholarships.

OTHER SPECIAL REVENUE FUNDS	2013-14	2014-15	
All Other	($104,307)	($105,385)	
			
OTHER SPECIAL REVENUE FUNDS TOTAL	($104,307)	($105,385)	

UNIVERSITY OF MAINE SYSTEM, BOARD OF TRUSTEES OF THE			
DEPARTMENT TOTALS	2013-14	2014-15	
			
OTHER SPECIAL REVENUE FUNDS	($104,307)	($105,385)	
			
DEPARTMENT TOTAL - ALL FUNDS	($104,307)	($105,385)	

SECTION TOTALS	2013-14	2014-15	
			
OTHER SPECIAL REVENUE FUNDS	$0	$0	
			
SECTION TOTAL - ALL FUNDS	$0	$0	

Effective 90 days following adjournment of the 126th Legislature, First Regular Session, unless otherwise indicated.