| Sec. 1. Eligibility of certain operations for employment tax increment financing |
treatment. Notwithstanding contrary provisions of the Maine Revised |
Statutes, Title 36, chapter 917, a qualified business employing |
qualifying employees in 1996 may use base level data from |
December 31, 1995 for the purposes of chapter 917 if approval for |
reimbursement under the chapter was not completed before December |
31, 1996 as a result of delays in full implementation of chapter |
917. To qualify under this Act, the applicant must demonstrate |
to the satisfaction of the Department of Economic and Community |
Development that the employee tax increment financing program was |
a fundamental consideration in the applicant's decision to |
invest. |