Part 9: LEARNING TECHNOLOGY HEADING: PL 1999, C. 731, PT. FFF, §1 (NEW)
Chapter 801: MAINE LEARNING TECHNOLOGY FUND HEADING: PL 1999, C. 731, PT. FFF, §1 (NEW); 2003,
C. 20, PT. TT, §1 (AMD)
§19103. Finances of the fund
The fund includes all assets, funds and holdings held in the name of, on behalf
of or for the benefit of the fund. This is a nonlapsing fund the sources of which
include all appropriations and allocations by the Legislature to the fund; cash, stocks,
cash equivalents or the equivalent value of goods and services that are consistent
with the guiding principles established under section 19102, subsection 3 from any
other source, whether public or private, designated for deposit into or credited to
the fund; and interest or other income or assets of the fund.
2001, c. 358, Pt. II, §4 (NEW);
2003, c. 20, Pt. TT, §1 (AMD)
The commissioner and the Commissioner of Administrative and Financial Services shall,
for the duration of the fund, identify and submit grant and fundraising proposals
in support of the priorities of the learning technology plan established pursuant
to section 19102 to federal, corporate, foundation or other 3rd-party sources as appropriate.
The commissioner and the Commissioner of Administrative and Financial Services shall
develop a plan for fundraising and identifying grant sources that is designed to raise
sufficient funds to enable the learning technology plan to expand to the secondary
school level. The fundraising plan must identify specific funding sources, as appropriate,
timelines and an assessment of the probability of success.
In order to preserve the integrity of the educational purposes of the learning technology
plan, all fundraising and grant proposals must be consistent with the goals and terms
of the learning technology plan. The commissioner and the Commissioner of Administrative
and Financial Services shall develop any necessary guidelines for fundraising and grant proposals in order
to carry out this requirement.
2013, c. 533, §16 (AMD)
1999, c. 731, §FFF1 (NEW).
2001, c. 358, §II4 (RPR).
2003, c. 20, §TT1 (AMD).
2013, c. 533, §16 (AMD).
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