This bill modifies provisions of the law governing the Maine Agriculture, Food System and Forest Products Infrastructure Investment Advisory Board and disbursements from the Maine Agriculture, Food and Forest Products Investment Fund, which the advisory board oversees. The bill requires that disbursements may be made only to a producer of agricultural, food or forest products that has or is seeking to establish a processing or manufacturing facility located in the State. A producer receiving a disbursement must use the disbursement to support the operations of a processing or manufacturing facility located in this State for the following purposes, including, but not limited to, obtaining equipment and investing in supply chain infrastructure to grow, harvest, process or manufacture agricultural, food or forest products used in commercial products. In carrying out these purposes, the producer must obtain, to the extent practicable, agricultural, food or forest products from a farm or a forest or waters in the State or from offshore waters to be collected in the State. The bill also prohibits a member of the advisory board from participating in any vote when that member has a conflict of interest. A conflict of interest exists when the board member or a member of the board member's immediate family has or would acquire a direct and substantial personal financial interest, distinct from that of the general public, in an enterprise that would be financially benefited by a proposed fund allocation.