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Second Regular Session of the 120th

S.P. 689 - L.D. 1891

An Act Regarding Eligibility for Financing Through the Maine Health and Higher Educational Facilities Authority

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

     Sec. 1. 22 MRSA §2061, sub-§3, as amended by PL 1993, c. 390, §25, is further amended to read:

     3. Lease. Such project will be leased to, or owned by, a health care facility or institution for higher education inside the State; and

     Sec. 2. 22 MRSA §2061, sub-§4, as repealed and replaced by PL 1975, c. 264, is amended to read:

     4. Payment. Adequate provision has been or will be made for the payment of such project and that under no circumstances will the State be obligated for the payment of such project, or for the payment of the principal of, or interest on, any obligations issued to finance such project.; and

     Sec. 3. 22 MRSA §2061, sub-§5 is enacted to read:

     5. Projects for program of independent housing with services not required to be licensed. If the project is for a program of independent housing with services that is not required to be licensed under this Title, the participating health care facility has agreed to comply with the requirements applicable to assisted living providers with regard to the standardized contract under section 7916 and residents' rights under section 7902-A, subsection 6 and rules adopted pursuant to those provisions. This requirement does not apply to the refinancing of an authority loan outstanding on April 1, 2002 or to a project specifically authorized under this chapter.

Effective July 25, 2002, unless otherwise indicated.

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