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127th MAINE LEGISLATURE |
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LD 1480 |
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LR 2196(04) |
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An Act To Create
and Sustain High-quality Maine Jobs |
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Fiscal Note for
Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Sen. Brakey of Androscoggin |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Eliminates any state or public funding sources |
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| Fiscal Detail
and Notes |
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This amendment
eliminates any state or public funding for the Maine Capital Investment
Program within the Finance Authority of Maine and is now contingent upon
receipt of at least $50,000,000 from only private sources. The program still
establishes a nonlapsing revolving loan and equity fund to provide loans to
certain eligible business projects. |
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