LD 1173
pg. 3
Page 2 of 5 An Act To Continue the Maine Farms for the Future Program Page 4 of 5
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LR 1219
Item 1

 
The legal voters of each city, town and plantation shall
vote by ballot on this question and designate their choice by
a cross or check mark placed within a corresponding square
below the word "Yes" or "No." The ballots must be received,
sorted, counted and declared in open ward, town and plantation
meetings and returns made to the Secretary of State in the
same manner as votes for members of the Legislature. The
Governor shall review the returns and, if a majority of the
legal votes are cast in favor of this Part, the Governor shall
proclaim the result without delay, and this Part becomes
effective 30 days after the date of the proclamation.

 
The Secretary of State shall prepare and furnish to each
city, town and plantation all ballots, returns and copies of
this Part necessary to carry out the purposes of this
referendum.

 
PART B

 
Sec. B-1. 7 MRSA §317, as enacted by PL 1999, c. 763, §1, is
amended to read:

 
§317. Maine Farms for the Future Program

 
The Maine Farms for the Future Program, referred to in this
chapter as the "program," is created. The program is
administered by the department, either directly or by contract
with a suitable organization. The program provides a selected
farm with assistance in developing a detailed business plan
that involves changes in the farm's operation to increase the
vitality of the farm and investment money to help implement
the plan. The department shall organize a review panel,
referred to in this chapter as the "panel," to evaluate and
approve applications for participation in the program and for
investment support, including loans made under section 319-A.

 
Sec. B-2. 7 MRSA §319-A is enacted to read:

 
§319-A.__Farms for the Future Loan Fund

 
1.__Fund established.__The Farms for the Future Loan Fund,
referred to in this chapter as "the loan fund," is established
as an Other Special Revenue fund revolving loan account for
the purposes specified in this chapter.__Loans may be made
from the loan fund at the prime rate of interest plus 1%.

 
2.__Sources of loan fund.__The State Controller shall credit
to the loan fund:


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