PUBLIC Law, Chapter 417, An Act To Promote and Expand Awareness of the Educational Opportunity Tax Credit

An Act To Promote and Expand Awareness of the Educational Opportunity Tax Credit

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

Sec. 1. 20-A MRSA §12542, sub-§6, ¶¶A and B are enacted to read:

A. The department shall notify superintendents about the program annually and encourage the superintendents to publicize the availability of the program among students, parents and school staff.

B. The Department of Labor shall require that publicly funded workforce development programs, including state and local workforce investment boards and the Competitive Skills Scholarship Program established in Title 26, section 2033, include within their plans and programs efforts to promote and increase awareness of the program.

Sec. 2. 20-A MRSA §12542, sub-§§7 and 8 are enacted to read:

7. Promotion by institutions. Public higher education institutions identified in section 12541, subsection 1, paragraphs A to C shall make reasonable efforts to inform students about the program.

8. Publicity. To assist institutions of higher education to promote the program, the Finance Authority of Maine shall contract with a private nonprofit corporation in the amount of at least $20,000 annually to market the program throughout the State, targeting high schools, postsecondary educational institutions and organizations of parents, teachers and other relevant audiences. Marketing efforts must include printed materials, online information and in-person promotional efforts.

Sec. 3. Appropriations and allocations. The following appropriations and allocations are made.

FINANCE AUTHORITY OF MAINE

Educational Opportunity Tax Credit Marketing Fund N158

Initiative: Provides funds for the administrative costs associated with contracting with a private nonprofit corporation to market the Job Creation Through Educational Opportunity Program.

GENERAL FUND 2013-14 2014-15

All Other
$2,000 $2,000

inline graphic sline.gif

GENERAL FUND TOTAL $2,000 $2,000

Educational Opportunity Tax Credit Marketing Fund N158

Initiative: Provides funds to contract with a private nonprofit corporation to market the Job Creation Through Educational Opportunity Program throughout the State.

GENERAL FUND 2013-14 2014-15

All Other
$20,000 $20,000

inline graphic sline.gif

GENERAL FUND TOTAL $20,000 $20,000

FINANCE AUTHORITY OF MAINE

DEPARTMENT TOTALS 2013-14 2014-15

GENERAL FUND
$22,000 $22,000

inline graphic sline.gif

DEPARTMENT TOTAL - ALL FUNDS $22,000 $22,000

Effective 90 days following adjournment of the 126th Legislature, First Regular Session, unless otherwise indicated.

HP0926 LD 1300	PUBLIC Law, Chapter 417 on - Session - 126th Maine Legislature
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GENERAL FUND	2013-14	2014-15
All Other	$2,000	$2,000

GENERAL FUND TOTAL	$2,000	$2,000

FINANCE AUTHORITY OF MAINE
DEPARTMENT TOTALS	2013-14	2014-15

GENERAL FUND	$22,000	$22,000

DEPARTMENT TOTAL - ALL FUNDS	$22,000	$22,000