Bill Summary – FastDemocracy

APPROVED                CHAPTER
                                                                JULY 27, 2023                470
                                                               BY GOVERNOR             PUBLIC LAW
                                 STATE OF MAINE
                                         _____
                          IN THE YEAR OF OUR LORD
                        TWO THOUSAND TWENTY-THREE
                                         _____
                                H.P. 1068 - L.D. 1670
 An Act to Strengthen Maine's Agriculture, Food and Forest Economy by
Funding the Maine Agriculture, Food and Forest Products Investment Fund
                and Amending Related Provisions of Law
Be it enacted by the People of the State of Maine as follows:
    Sec. 1. 7 MRSA §320-C, sub-§6, ¶F, as enacted by PL 2021, c. 483, Pt. KK, §2,
is amended by amending subparagraph (2) to read:
        (2) Recommending program changes and improvements; and
    Sec. 2. 7 MRSA §320-C, sub-§6, ¶F, as enacted by PL 2021, c. 483, Pt. KK, §2,
is amended by amending subparagraph (3) to read:
        (3) Preparing a comprehensive report, in collaboration with the Department of
        Economic and Community Development and other appropriate agencies and
        organizational partners, on the performance, use and sustainability of funds and
        supporting programs of the Maine Agriculture, Food and Forest Products
        Investment Fund to submit to the commissioner.; and
    Sec. 3. 7 MRSA §320-C, sub-§6, ¶F, as enacted by PL 2021, c. 483, Pt. KK, §2,
is amended by enacting subparagraph (4) to read:
        (4) Collaborating with the Department of Economic and Community Development
        and other appropriate agencies and organizational partners to ensure that
        investment objectives are appropriately targeted and not duplicative and to
        establish various grant and loan instruments as part of the fund.
    Sec. 4. Appropriations and allocations. The following appropriations and
allocations are made.
AGRICULTURE, CONSERVATION AND FORESTRY, DEPARTMENT OF
Maine Agriculture, Food and Forest Products Investment Fund N383
Initiative: Provides one-time funding to support public-private partnerships to facilitate
strategic investments in the State's agricultural, food and forest products processing and
manufacturing industries. These funds are nonlapsing.
                                  Page 1 - 131LR0651(05)
GENERAL FUND                                     2023-24       2024-25
 All Other                                            $0      $500,000
                                              __________   __________
GENERAL FUND TOTAL                                    $0      $500,000
                     Page 2 - 131LR0651(05)
Statutes affected: 
Bill Text LD 1670, HP 1068: 7.320
Bill Text ACTPUB , Chapter 470: 7.320