Sec. 1. 10 MRSA §1100-T, sub-§2, ¶A, as amended by PL 2001, c. 446, §1 and affected by §6, is further amended to read:

A. A tax credit certificate may be issued in an amount not more than 40% of the amount of cash actually invested in a an eligible Maine business in any calendar year or in an amount not more than 60% of the amount of cash actually invested in any one calendar year in an eligible Maine business located in a high-unemployment area, as determined by rule by the authority. Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter II-A.

Sec. 2. 10 MRSA §1100-T, sub-§2, ¶C, as amended by PL 1997, c. 782, §1, is further amended to read:

C. Aggregate investment eligible for tax credits may not be more than $1,000,000 $5,000,000 for any one business as of the date of issuance of a tax credit certificate.

Sec. 3. 10 MRSA §1100-T, sub-§2, ¶D, as amended by PL 1997, c. 782, §2, is further amended to read:

D. The investment with respect to which any individual is applying for a tax credit certificate may not be more than an aggregate of $200,000 $500,000 in any one business in any 3 consecutive calendar years, except that this paragraph does not limit other investment by any applicant for which that applicant is not applying for a tax credit certificate.

Sec. 4. 10 MRSA §1100-T, sub-§2-A, ¶¶C and D, as amended by PL 2001, c. 446, §2 and affected by §6, are further amended to read:

C. Aggregate investment eligible for tax credits may not be more than $1,000,000 $5,000,000 for any one business for any one private venture capital fund as of the date of issuance of a tax credit certificate.

D. The investment with respect to which any individual or entity is applying for a tax credit certificate may not be more than an aggregate of $200,000 $500,000 in any one eligible business invested in by a private venture capital fund in any 3 consecutive calendar years, except that this paragraph does not limit other investment by any applicant for which that applicant is not applying for a tax credit certificate and except that, if the entity applying for a tax credit certificate is a partnership, limited liability