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| | | An Act To Recruit and Retain College Graduates through Loan |
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| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 20-A MRSA c. 428-B is enacted to read: |
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| | | FUTURE FOR YOUTH IN MAINE LOAN |
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| | | As used in this chapter, unless the context otherwise | | indicates, the following terms have the following meanings. |
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| | | 1.__Authority.__"Authority" means the Finance Authority of | | Maine. |
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| | | 2.__Eligible employment position.__"Eligible employment | | position" means a full-time position within the State as the | | founder or employee of a technology-based business developed | | within the Applied Technology Development Center System, as | | established in Title 5, section 15321, or other statewide | | recognized economic development entity. |
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| | | §12532.__Future for Youth in Maine Loan Repayment Program |
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| | | 1.__Establishment; administration.__There is established the | | Future for Youth in Maine Loan Repayment Program, referred to in | | this chapter as "the program."__The program is established to | | recruit and retain college graduates in the State to start new |
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