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Public Law
124th Legislature
First Regular Session
Chapter 85
H.P. 384 - L.D. 539
An Act To Amend the Laws Governing the Allowable Uses of Tax Increment Financing Funds
Be it enacted by the People of the State of Maine as follows:
Sec. 1.   30-A MRSA §5225, sub-§1, ¶C,  as amended by PL 2007, c. 413, §6, is further amended to read:
 
C. Costs related to economic development, environmental improvements or employment training within the municipality, including, but not limited to:
 
(1) Costs of funding economic development programs or events developed by the municipality or funding the marketing of the municipality as a business or arts location;
 
(2) Costs of funding environmental improvement projects developed by the municipality for commercial or arts district use or related to such activities;
 
(3) Funding to establish permanent economic development revolving loan funds or investment funds;
 
(4) Costs of services to provide skills development and training for residents of the municipality. These costs may not exceed 20% of the total project costs and must be designated as training funds in the development program; and
 
(5) Quality child care costs, including finance costs and construction, staffing, training, certification and accreditation costs related to child care; and
 
(6) Costs relating to planning, design, construction, maintenance, grooming and improvements to new or existing recreational trails determined by the department to have significant potential to promote economic development, including bridges that are part of the trail corridor, used all or in part for all-terrain vehicles, snowmobiles, hiking, bicycling, cross-country skiing or other related multiple uses; and
 
Effective September 12, 2009