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| | | APPROPRIATIONS/ALLOCATIONS |
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| | | General Fund | $10,375,000 | $17,375,000 |
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| | | This bill includes General Fund appropriations totaling | | $10,375,000 and $17,375,000 in fiscal years 1999-00 and 2000-01 | | to several state departments and agencies to promote research and | | development activities. |
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| | | Part A of the bill provides appropriations to the Maine | | Technical College System in the amount of $1,000,000 in each of | | fiscal years 1999-00 and 2000-01 for the initial capitalization | | of new or expanded catalog programs to meet the employment needs | | of growing high-technology companies. |
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| | | Part B of the bill includes General Fund appropriations of | | $5,750,000 in each year of the 2000-2001 biennium to the | | University of Maine System for the long-term funding strategy for | | the Maine Economic Improvement Fund for applied research and | | development at the system. The Governor's proposed "Part 2" | | budget includes appropriations of $6,000,000 in each year of the | | biennium for this purpose. |
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| | | The bill includes General Fund appropriations of $3,000,000 | | and $7,000,000 in fiscal years 1999-00 and 2000-01, respectively, | | to the Department of Economic and Community Development to | | support the Maine Technology Institute, including the | | authorization for a Maine Technology Institute Director position, | | in Part C of the bill. Part K of the bill provides implementing | | language for the institute and clarifies that no more than 7% of | | the funds appropriated in a biennium may be expended for | | operating costs of the biennium. For the 2000-2001 biennium, | | operating costs for the institute will be limited to $700,000. | | The Governor's proposed "Part 2" budget includes appropriations | | of $4,000,000 and $9,764,636 in fiscal years 1999-00 and 2000-01, | | respectively, to support the Maine Technology Institute. |
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| | | The additional costs associated with participating as a member | | of the board of directors of the Maine Technology Institute can | | be absorbed by the state department and agency members of the | | board utilizing existing budgeted resources. |
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| | | Part C of the bill also includes the transfer of General Fund | | appropriations of $200,000 each year to reflect the transfer of | | administering the Maine Technology Investment Fund from the |
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