An Act To Create and Sustain High-quality Maine Jobs
Sec. 1. 10 MRSA §1026-U is enacted to read:
§ 1026-U. Maine Capital Investment Program
The authority may require other terms or conditions of financial support under this subsection as the authority determines necessary and reasonable.
The committee may request that the joint legislative committee established to oversee program evaluation and government accountability matters direct the Office of Program Evaluation and Government Accountability to review the program as provided in Title 3, section 991.
Sec. 2. Contingent effective date. This Act takes effect only upon the receipt by the Finance Authority of Maine for the Maine Capital Investment Fund under the Maine Revised Statutes, Title 10, section 1026-U of an appropriation or allocation by the Legislature or funds from another funding source in the amount of at least $50,000,000. The Finance Authority of Maine shall notify the Secretary of State, the Secretary of the Senate, the Clerk of the House of Representatives and the Revisor of Statutes when the funds are received pursuant to this section.