LD 1144
pg. 1
LD 1144 Title Page An Act to Enhance Economic Development Capacity Page 2 of 2
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LR 992
Item 1

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

 
Sec. 1. Appropriation. The following funds are appropriated from
the General Fund to carry out the purposes of this Act.

 
2001-022002-03

 
ECONOMIC AND COMMUNITY

 
DEVELOPMENT, DEPARTMENT OF

 
Business Development

 
All Other$1,200,000$1,200,000

 
Provides funds for business
attraction and expansion
marketing efforts. Funds must
be dispersed in accordance with
a competitive quality-based
selection procedure as
established and administered by
the Department of Economic and
Community Development.

 
Business Development

 
All Other800,000800,000

 
Provides regional capacity
building block grant funds to
Maine's 6 designated economic
development districts. Funds
must be dispersed by the
Department of Economic and
Community Development to the
economic development districts
by formula with a base amount
of $40,000 per annum to each
district and the balance
divided on a pro rata basis in
accordance with the number of
communities served, number of
unemployed, number of persons
living below poverty level and
slow or declining population
growth rates. Use of regional
capacity building


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