| | | creditworthy within the scope of this program and whether | | the collateral offered to secure the loan is adequate; |
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| | | F. Loans are not insured or guaranteed by the State, but | | the department shall require collateral in the form of | | security for the loan, if available, and may, in appropriate | | cases, take a mortgage on real estate; |
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| | | G. Loan and interest rate subsidy applications must be on | | forms and accompanied by additional information as required | | by the department. Loan and interest rate subsidy | | applicants may be required to submit whatever personal or | business related business-related financial information as | | may be necessary to determine eligibility for the | | Occupational Safety Loan Program; and |
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| | | H. Loans and interest rate subsidies may not be approved | | without a prior safety inspection by the division of | | industrial safety and a recommendation by the division for | | the installation of the safety device. |
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| | | Sec. O-4. Transfer of funds; Waste Reduction and Recycling Fund account. | | Notwithstanding any other provision of law, $438,820 must be | | transferred from the Waste Reduction and Recycling Fund account | | in the Finance Authority of Maine to the General Fund as | | undedicated revenue no later than June 30, 2004. |
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| | | Sec. O-5. Transfer of funds; Occupational Safety Loan Program account. | | Notwithstanding any other provision of law, $401,209 must be | | transferred from the Occupational Safety Loan Program account in | | the Finance Authority of Maine to the General Fund as undedicated | | revenue no later than June 30, 2004. |
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| | | Sec. P-1. PL 2003, c. 51, Pt. H, §7 is amended to read: |
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| | | *Sec. H-7. Intergovernmental transfer. The Commissioner of | | Administrative and Financial Services shall annually establish | | the amount that must be transferred from the City of Portland as | | an intergovernmental transfer. The amounts that must be | | transferred to the State as undedicated General Fund revenue from | | the City of Portland must be $1,000,000 in fiscal year 2002-03 | and must be at least $2,000,000 $2,400,000 in fiscal year 2003-04 | and at least $2,000,000 $2,400,000 in fiscal year 2004-05. |
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| | | Sec. P-2. Intergovernmental transfer; municipally funded facilities. The | | Commissioner of Administrative and Financial Services shall | | annually establish the amount that must be transferred from Mayo |
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