Sec. 4. 30-A MRSA §6006-D, sub-§2, ¶¶B and C, as corrected by RR 1993, c. 2, §31, are amended to read:

B. To guarantee or insure, directly or indirectly, the payment of notes or bonds issued or to be issued by a municipality for the purpose of financing the construction of any capital improvement described in section 5953-D, subsection 1 or 1-A;

C. To guarantee or insure, directly or indirectly, funds established by municipalities for the purpose of financing construction of any capital improvement described in section 5953-D, subsection 1 or 1-A;

Emergency clause. In view of the emergency cited in the preamble, this Act takes effect when approved.