SP0281
LD 731
First Regular Session - 124th Legislature - Text: MS-Word, RTF or PDF LR 561
Item 1
Bill Tracking Chamber Status

An Act To Designate Cumberland County as a Pine Tree Development Zone

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

Sec. 1. 30-A MRSA §5250-J, sub-§3, ¶H,  as repealed and replaced by PL 2005, c. 669, §1, is amended to read:

H.  The restrictions contained in paragraph G may be waived for:

(1) Property that is contained within a labor market area that has sustained a greater than 5% loss of population or employed workers during the 3-year period immediately preceding the time of application if the loss was caused by business closings; or

(2) Property that is contained within an industrial site with appropriate infrastructure and zoning or other land use regulations in place that has sustained a minimum loss of 500 employed workers during the 5-year period immediately preceding the time of application, as long as an application for a waiver under this subparagraph is received by August 1, 2010. Only a qualified business with a base level of employment equal to zero is eligible to receive Pine Tree Development Zone benefits under this subparagraph . ; or

(3) Property that is contained within Cumberland County.

summary

This bill waives the Pine Tree Development Zone unemployment and wage requirements for Cumberland County in order to allow the county to be eligible for Pine Tree Development Zone benefits.


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