Sec. OOO-1. Use of federal reimbursement funds. All federal funding received by the Department of Mental Health, Mental Retardation and Substance Abuse Services related to the construction of the new psychiatric treatment center in Augusta must be deposited in the Maine State Retirement System - Retirement Allowance Fund established under the Maine Revised Statutes, Title 5, section 17251. These funds must be used to reduce the unfunded actuarial liability.
Sec. OOO-2. Report. No later than October 1st of each year, the Commissioner of Mental Health, Mental Retardation and Substance Abuse Services shall report to the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs regarding the aggregate amount transferred to the Retirement Allowance Fund pursuant to section 1 of this Part.
Revisor of Statutes Homepage | Subject Index | Search | Laws of Maine | Maine Legislature |