APPROVED CHAPTER
MARCH 25, 2024 151
BY GOVERNOR RESOLVES
STATE OF MAINE
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IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FOUR
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S.P. 808 - L.D. 1974
Resolve, Directing an Analysis of and Report on the Maine New Markets
Capital Investment Program
Sec. 1. Finance Authority of Maine to examine and report findings on
Maine New Markets Capital Investment Program. Resolved: That the Finance
Authority of Maine, in conjunction with the Department of Economic and Community
Development, shall examine and evaluate the Maine New Markets Capital Investment
Program under the Maine Revised Statutes, Title 10, section 1100-Z and submit a report of
its findings and any recommended legislation to the joint standing committee of the
Legislature having jurisdiction over taxation matters by January 31, 2025. The report must
include discussion of recommendations offered by the Office of Program Evaluation and
Government Accountability in its March 2017 report on the program. The Finance
Authority of Maine may consult with the Department of Administrative and Financial
Services, Maine Revenue Services and with other public and private entities with roles in
economic development in the State as necessary. The joint standing committee may submit
legislation relating to the report to the 132nd Legislature in 2025.
Page 1 - 131LR0818(03)
Statutes affected: Bill Text LD 1974, SP 808: 10.1100, 36.5219