Maine Revised Statutes

§13063-O. Microenterprise initiative fund program review

1. Accounting and reporting requirements.  The department shall:
A. Maintain an accurate accounting of the use of all program funds as required by state procedures and program guidelines, including a detailed accounting of all program funding sources and expenditures; and [2009, c. 337, §4 (AMD).]
B. [2009, c. 337, §4 (RP).]
C. Each year, submit a report to the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters. The report must include:
(1) An accounting of the use of all program funds received and expended since the program's inception;
(2) A summary of the status of any approved projects;
(3) A summary of the results of any completed projects;
(4) Evaluation data and assessment consistent with section 13070-P; and
(5) Other information required to be submitted and evaluated by the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters. [2017, c. 264, §7 (AMD).]
[ 2017, c. 264, §7 (AMD) .]
2. Report.  The department shall report no later than January 15th of each year.
[ 2003, c. 451, Pt. MMM, §1 (NEW) .]
3. Rulemaking.  The department shall adopt major substantive rules pursuant to chapter 375, subchapter 2-A to implement this section.
[ 2003, c. 451, Pt. MMM, §1 (NEW) .]
SECTION HISTORY
2003, c. 451, §MMM1 (NEW). 2009, c. 337, §4 (AMD). 2017, c. 264, §7 (AMD).