LD 844
pg. 2
Page 1 of 5 An Act To Authorize a General Fund Bond Issue to Stimulate Maine's Economy ... Page 3 of 5
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LR 1708
Item 1

 
ECONOMIC AND COMMUNITY DEVELOPMENT,

 
DEPARTMENT OF

 
Capitalization of the Municipal$15,000,000

 
Investment Trust Fund to provide

 
loans and grants to municipalities

 
for public facilities and infrastructure.

 
ECONOMIC AND COMMUNITY DEVELOPMENT,

 
DEPARTMENT OF

 
Provides funds to the Maine$10,000,000

 
Biomedical Research Fund.

 
ECONOMIC AND COMMUNITY DEVELOPMENT,

 
DEPARTMENT OF

 
Provides funds to applied technology$5,000,000

 
development centers.

 
ECONOMIC AND COMMUNITY DEVELOPMENT,

 
DEPARTMENT OF

 
Provides funds to partner with the$22,000,000

 
marine biotechnology industry to

 
undertake marine biotechnology

 
research.

 
FINANCE AUTHORITY OF MAINE

 
Provides funds to the Small Enterprise$6,000,000

 
Growth Fund.

 
FINANCE AUTHORITY OF MAINE

 
Provides funds for direct business$25,000,000

 
support.

 
MAINE STATE HOUSING AUTHORITY

 
Provides funds for affordable$12,000,000

 
workforce housing.

 
UNIVERSITY OF MAINE SYSTEM

 
Provides funds for the Maine$25,000,000

 
Economic Improvement Fund for

 
research and development activities.


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