CHAPTER 241
H.P. 324 - L.D. 416
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 30-A MRSA §922, sub-§2, as amended by PL 1993, c. 343, §1, is further amended to read:
2. Contingent fund. There is established a contingent account in each county in an amount not to exceed $50,000 annually the greater of 1.5% of the annual county budget or $100,000, except in Sagadahoc County, where the contingent account may not exceed 4% of the annual budget. Notwithstanding the preceding sentence, a county, by unanimous action of the county commissioners, may increase the contingent account limit to an amount not exceeding $100,000. Any funds that are available to each county may be used for this purpose. This The contingent fund may be used at the discretion of the county commissioners for emergency purposes only, except that if a county increases the contingent account limit, expenditures from the account above $50,000 must be approved by a majority of the county budget or finance committee if the county's budget is not finally approved by the Legislature. At the end of each fiscal year there must be transferred from unencumbered county funds an amount sufficient to restore the established county contingent account.
Effective September 13, 2003, unless otherwise indicated.
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