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Second Regular Session of the 122nd

H.P. 1466 - L.D. 2072

An Act To Amend the Definition of "Municipality" as It Relates to the Maine Municipal Bond Bank Act

     Emergency preamble. Whereas, acts of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and

     Whereas, this legislation needs to take effect before the expiration of the 90-day period in order to enable the Maine Municipal Bond Bank to make loans in a timely fashion; and

     Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

     Sec. 1. 30-A MRSA §5903, sub-§7-A, ¶A, as amended by PL 1997, c. 555, §1, is further amended to read:

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

Effective April 6, 2006.

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