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

Sec. 2. 30-A MRSA §5250-I, sub-§14, ¶¶C and D, as enacted by PL 2003, c. 688, Pt. D, §2, are amended to read:

C. The sales tax exemptions exemption under Title 36, section 1760, subsections 86 and subsection 87 and the sales tax reimbursement under Title 36, section 2016; and

D. The Pine Tree Development Zone tax credits provided by Title 36, sections 2529 and 5219-W.;

Sec. 3. 30-A MRSA §5250-I, sub-§14, ¶¶E and F are enacted to read:

E.__Discounted rates approved by the Public Utilities Commission, if applicable, and offered by transmission and distribution utilities as authorized under Title 35-A, section 3210-B, subsection 1; and

F.__Line extensions and conservation programs approved or authorized by the Public Utilities Commission under Title 35-A, section 3210-B, subsections 2 and 3.

Sec. 4. 30-A MRSA §5250-I, sub-§§17 and 18, as enacted by PL 2003, c. 688, Pt. D, §2, are amended to read:

17. Qualified Pine Tree Development Zone business. "Qualified Pine Tree Development Zone business" or "qualified business" means any for-profit business in this State engaged in or that will engage in financial services, manufacturing or a targeted technology business that adds has added or will add at least one qualified Pine Tree Development Zone employees employee above its base level of employment in this State and that meets the following criteria:

A. It demonstrates that the establishment or expansion of operations within the Pine Tree Development Zone would not