LD 1269
pg. 1
LD 1269 Title Page An Act to Provide for Maintenance of State-owned Land and Facilities Page 2 of 2
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LR 2010
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 5 MRSA §6203, sub-§2, as amended by PL 1993, c. 728, §4, is
further amended to read:

 
2. Fund available. The Land for Maine's Future Fund is
available to state agencies and designated cooperating entities
upon authorization of the board for the purposes identified in
subsection 3. Funds from the stewardship account are available
to state agencies for the purposes under section 6203-B.

 
Sec. 2. 5 MRSA §6203, sub-§3, as amended by PL 1999, c. 769, §§1 and
2, is further amended to read:

 
3. Fund proceeds. The Twenty percent of fund proceeds from
the sale of bonds and 20% of contributions from public sources
must be transferred to the stewardship account for expenditure in
accordance with section 6203-B.__All other proceeds of the Land
for Maine's Future Fund may be applied and expended to:

 
A. Acquire property or an interest in property that is
determined by the board to be of state significance under
the guidelines of this chapter;

 
B. Fund minor capital improvements on lands acquired by
proceeds from the Land for Maine's Future Fund to improve
accessibility, as long as these improvements do not exceed
5% of the appraised value of the acquired property; and

 
C. When interest in farmland is acquired, fund the
development of a business plan and capital improvements to
provide for the land's continuing use as a working farm, as
long as these improvements do not exceed 5% of the appraised
value of the acquired property.

 
Sec. 3. 5 MRSA §6203-A, sub-§§2 and 3, as enacted by PL 1993, c. 728,
§5, are amended to read:

 
2. Fund available. The Public Access to Maine Waters Fund is
available to state agencies and designated cooperating entities
upon authorization of the board for the purposes identified in
subsection 3. Funds from the stewardship account are available
to state agencies for the purposes identified in section 6203-B.

 
3. Fund proceeds. Twenty percent of fund proceeds from the
sale of bonds and 20% of contributions from public sources must
be transferred to the stewardship account for expenditure in
accordance with section 6203-B. The All other proceeds of the
Public Access to Maine Waters Fund may be applied and expended
to:


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