LD 1916
pg. 14
Page 13 of 31 An Act To Correct Errors and Inconsistencies in the Laws of Maine Page 15 of 31
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LR 2678
Item 1

 
5.__Base period.__"Base period" means the 3 calendar years prior
to the year in which a business is certified as a qualified Pine
Tree Development Zone business.

 
6.__Commissioner.__"Commissioner" means the Commissioner of
Economic and Community Development.

 
7.__Department.__"Department" means the Department of Economic
and Community Development.

 
8.__Financial services.__"Financial services" means services
provided by an insurance company subject to taxation under Title
36, chapter 357; a financial institution subject to taxation
under Title 36, chapter 819; or a mutual fund service provider as
defined in Title 36, section 5212, subsection 1, paragraph E.

 
9.__Labor market average weekly wage.__"Labor market average
weekly wage" means the average weekly wage as published by the
Department of Labor for the labor market or markets in which
potential qualified Pine Tree Development Zone employees are
located for the 12 most recently reported months preceding the
date of application for zone designation.

 
10.__Labor market unemployment rate.__"Labor market
unemployment rate" means the average unemployment rate as
published by the Department of Labor for the labor market or
markets in which potential qualified Pine Tree Development Zone
employees are located for the 12 most recently reported months
preceding the date of application for zone designation.

 
11.__Manufacturing.__"Manufacturing" means the production of
tangible personal property intended to be sold or leased
ultimately for final use or consumption or the production of
tangible personal property pursuant to a contract with the
Federal Government or any agency thereof.

 
12.__Person.__"Person" has the same meaning as defined in
Title 36, section 111, subsection 3.

 
13.__Pine Tree Development Zone. "Pine Tree Development Zone"
or "zone" means a specified area within the boundaries of a unit
of local government, or within the boundaries of cooperating
units of local government in a multijurisdictional application,
that has been designated by the commissioner as a Pine Tree
Development Zone in accordance with section 5250-J.

 
14.__Pine Tree Development Zone benefits. "Pine Tree
Development Zone benefits" means:


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