LD 1916
pg. 36
Page 35 of 49 PUBLIC Law Chapter 688 Page 37 of 49
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LR 2678
Item 1

 
included within the Aroostook County Empowerment Zone as
designated by the federal Community Renewal Tax Relief Act of
2000, Public Law 106-554;

 
C.__Pine Tree Development Zone benefits may not be used to
encourage or facilitate the transfer of existing positions
or property of a qualified business or affiliated businesses
into a zone from a location elsewhere in the State;

 
D.__Pine Tree Development Zone benefits may not be provided
based upon any employees or positions transferred by the
business or affiliated businesses into a Pine Tree
Development Zone from a location elsewhere in the State;

 
E.__A Pine Tree Development Zone may not consist of more
than 20 noncontiguous parcels of property;

 
F.__All property included within the boundaries of a Pine
Tree Development Zone must be suitable for one or more
qualified Pine Tree Development Zone business activities;

 
G.__All property included within a Pine Tree Development
Zone must meet one of the following:

 
(1)__The property is located within a market area for
which the labor market unemployment rate is greater
than the state unemployment rate at the time of the
application; or

 
(2)__The property is included within a county in which
the average weekly wage is below the state average
weekly wage at the time of the application.

 
In the case of a multijurisdictional or joint application,
the requirements of this paragraph are met if the combined
unemployment rate of the cooperating units of local
government meets the requirements of subparagraph (1) or the
average weekly wage of the cooperating units of local
government, on a per-employed-worker basis, meets the
requirements of subparagraph (2); and

 
H.__The restrictions contained in paragraph G may be waived
for property that is contained within a labor market area
that has sustained a greater than 5% loss of population or
employed workers during the 3-year period immediately
preceding the time of application if the loss was caused by
business closings.


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