S.P. 487 - L.D. 1447
An Act to Promote Maine's Family-friendly Business and Investment Strategies
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 5 MRSA §13062, sub-§1, ¶A, as enacted by PL 1987, c. 534, Pt. A, §§17 and 19, is amended to read:
A. The office shall conduct an analysis of the various industrial sectors of the economy. The types of businesses to be targeted for attraction shall be ones which are those that have potential for development in Maine and which that will contribute to a healthy business and environmental climate for Maine's businesses, families and environment.
Sec. 2. 5 MRSA §13090-B, sub-§1, ¶A, as enacted by PL 1991, c. 780, Pt. N, §1, is amended to read:
A. The projects to be financed must:
(1) Pertain to manufacturing, industrial, real estate development, child care, recreational or natural resource enterprises;
(2) Be located or establishing a presence in the State; and
(3) Provide significant public benefit in relation to the amount of the loan, as determined by the department. Public benefits include, but are not limited to: increased opportunities for employment; increased capital flows, particularly of capital from outside the State; increased state and municipal tax revenues; rehabilitation of blighted or underutilized areas; and provision of necessary services.
Loan proceeds may be used for any appropriate commercial purpose, as determined by the department, including working capital.
Sec. 3. 10 MRSA §929-B, sub-§3, ¶E, as amended by PL 1993, c. 709, §1, is further amended to read:
E. Identification of:
(1) The types of industries and jobs with significant growth potential in the State;
(2) The State's evolving industrial base;
(3) The dynamic national and international markets;
(4) Existing efforts to convert military economies to civilian economies;
(5) Other relevant studies and evaluations in the private and public sector dealing with the long-term economic growth of the State; and
(6) The work force challenges faced by welfare recipients and strategies to address their economic and related needs. ; and
(7) Other relevant studies and evaluations in the private and public sector concerning the availability of child care.
Sec. 4. 30-A MRSA §5252, sub-§8, ¶B, as amended by PL 1995, c. 669, §1, is further amended by amending sub-¶¶10 and 11 as follows:
(10) Training costs, including, but not limited to, those costs associated with providing skills development and training for employees of businesses within the development district. These costs may not exceed 20% of the total project costs and must be designated as training funds in the development program; and
(11) Costs associated with developing new employment opportunities; promoting public events; advertising cultural, educational and commercial activities; providing public safety; establishing and maintaining administrative and management support; assisting in mitigating any adverse impact of a district upon the municipality and its constituents; funding economic development programs or environmental improvement programs developed by the municipality; and such other services as are necessary or appropriate to carry out the development program if the activities and programs generating such costs are provided for in the development program and bear a reasonable relationship to the improvements or activities within the district or the impacts on the district.; and
Sec. 5. 30-A MRSA §5252, sub-§8, ¶B, as amended by PL 1995, c. 669, §1, is further amended by enacting sub-¶12 to read:
(12) Quality child care costs, including finance costs, construction, staffing, training, certification and accreditation costs related to child care.
Effective September 18, 1999, unless otherwise indicated.
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