LD 1649
pg. 2
Page 1 of 2 An Act to Strengthen Maine's Research and Development Capacity in Renewable Ene... LD 1649 Title Page
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LR 2351
Item 1

 
Voluntary Renewable Resource

 
Fund

 
All Other$500,000$500,000

 
Provides $500,000 for each year
of the biennium for costs of
administering the program
established in the Maine
Revised Statutes, Title 35-A,
section 3210. Additional funds
must be used to match voluntary
contributions to the program.
Any funds not needed may not
lapse but must be carried
forward.

 
SUMMARY

 
This bill expands the program administered by the State
Planning Office allowing retail electricity consumers to make
voluntary contributions to fund renewable resource research and
development. The program is expanded to include funding for
demonstration community projects using renewable energy
technologies. Under the bill, the State Planning Office is
authorized to seek and accept funding, whether public or private,
to augment funding of the program.


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