CHAPTER 272
H.P. 1019 - L.D. 1454
An Act To Amend the Laws Regarding the School Revolving Renovation Fund
Emergency preamble. Whereas, acts of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and
Whereas, many school administrative units have an immediate need to submit proposals for approval under the School Revolving Renovation Fund for reimbursement of costs incurred for first priority status health and safety projects approved by the Commissioner of Education; and
Whereas, it is necessary to revise the provisions of the statutes to allow such reimbursement for these projects; and
Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 30-A MRSA §6006-F, sub-§3, ¶¶H and I, as enacted by PL 1997, c. 787, §13, are amended to read:
H. To pay the costs of the bank and the Department of Education associated with the administration of the fund and projects financed by the fund, except that no more than the lesser of 2% of the aggregate of the highest fund balances in any fiscal year and 4% of the combined value of any capitalization grants provided by the United States for deposit in the fund may be used for these purposes. The Commissioner of Education is authorized to receive revenue from the fund administered by the bank. Funds provided to the Department of Education from the fund must be deposited in a nonlapsing dedicated account to be used to carry out the purposes of this section; and
I. To pay the reasonable costs of services provided to school administrative units by the Department of Administrative and Financial Services, Bureau of General Services, for oversight of school construction and renovation projects. Notwithstanding Title 5, section 1742, subsection 7, .4% of the total amount initially allocated to the fund must be transferred to the Bureau of General Services upon the effective date of this section.; and
Sec. 2. 30-A MRSA §6006-F, sub-§3, ¶J is enacted to read:
J. To reimburse school administrative units for costs incurred for first priority status health and safety projects described in paragraph A, subparagraph (1) and approved by the Commissioner of Education. The amount of the reimbursement must be determined in accordance with the school administrative unit's state share percentage as provided in subsection 6, paragraph A.
Emergency clause. In view of the emergency cited in the preamble, this Act takes effect when approved.
Effective June 2, 2005.
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