Sec. L-1. 5 MRSA §13063-B, sub-§1-A is enacted to read:
1-A. Energy Conservation Small Business Revolving Loan Program; Energy Conservation Small Business Revolving Loan Fund. The director shall implement the Energy Conservation Small Business Revolving Loan Program, referred to in this subsection as "the program," and the Energy Conservation Small Business Revolving Loan Fund, referred to in this subsection as "the fund." The fund is a nonlapsing revolving fund account.
A. The director shall credit all repayments of loans made to businesses, including interest, penalties and other fees and charges related to fund loans to the fund account.
B. Money in the fund not needed to meet the current obligations of the program must be deposited with the Treasurer of State to the credit of the fund account and may be invested in such manner as is provided by law. Interest received on that investment must be credited to the fund account.
C. At the end of each fiscal year, all unencumbered balances in the fund account may be carried forward to be used for the purposes specified in this subsection.
Sec. L-2. Transfer of funds. Notwithstanding any other provision of law, the State Controller shall transfer $1,500 from the Curriculum Training and Workshop, Other Special Revenue Funds account in the Department of Economic and Community Development to the unappropriated surplus of the General Fund no later than June 30, 2003.
Sec. L-3. Transfer of funds. Notwithstanding any other provision of law, the State Controller shall transfer $6,905 from the Office of Energy Resources, Other Special Revenue Funds account in the Department of Economic and Community Development to the unappropriated surplus of the General Fund no later than June 30, 2003.
Sec. L-4. Transfer of funds. Notwithstanding any other provision of law, the State Controller shall transfer $22,211 from the Publications Revolving Fund, Other Special Revenue Funds account in the Department of Economic and Community Development to the unappropriated surplus of the General Fund no later than June 30, 2003.
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