Sec. 4. Duties. Resolved: That the commission shall study methods of encouraging corporations to incorporate or reincorporate in this State. In undertaking the study, the commission shall:

1. Review actions taken by other states and the effects of such actions;

2. Review other studies and literature related to incorporations; and

3. Consult with experts and interested parties; and be it further

Sec. 5. Staff assistance. Resolved: That, upon approval by the Legislative Council, the Office of Policy and Legal Analysis shall provide necessary staffing services to the commission; and be it further

Sec. 6. Reimbursement. Resolved: That the commission members who are Legislators are entitled to receive the legislative per diem, as defined in the Maine Revised Statutes, Title 3, section 2, for each day's attendance at meetings of the commission. All members of the commission are entitled to reimbursement for travel and other necessary expenses upon application to the Legislative Council. The chairs of the commission, with assistance from the commission staff, shall administer the study budget. Within 10 days after its first meeting, the commission shall present a work plan and proposed budget to the Legislative Council for approval. The commission may not incur expenses that result in the commission's exceeding its approved budget.

Upon request from the commission, the Executive Director of the Legislative Council or the executive director's designee shall promptly provide the commission chairs and staff with a status report on the study budget, expenses incurred and paid and available funds; and be it further

Sec. 7. Report. Resolved: That the commission shall submit its report with any accompanying legislation for the Second Regular Session of the 119th Legislature by December 15, 1999. If the commission requires a limited extension of time to conclude its study and make its report, it may apply to the Legislative Council, which may grant the extension.