An Act To Create the Small Communities Tourism Fund
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 5 MRSA §13090-N is enacted to read:
§ 13090-N. Small Communities Tourism Fund
1. Fund established. The Small Communities Tourism Fund, referred to in this section as "the fund," is established in the Office of Tourism to issue grants to small communities to promote tourism and events. The fund consists of money received as appropriations, allocations and contributions from private and public sources. The fund, to be accounted within the Office of Tourism, must be held separate and apart from all other money, funds and accounts. Eligible investment earnings credited to the assets of the fund become part of the assets of the fund. Any unexpended balances remaining in the fund at the end of any fiscal year do not lapse and must be carried forward to the next fiscal year.
2. Rules. The Office of Tourism may adopt routine technical rules as defined in chapter 375, subchapter 2-A to carry out the purposes of the fund.
summary
This bill establishes the Small Communities Tourism Fund in the Department of Economic and Community Development, Office of Tourism to issue grants to small communities to promote tourism and events.