Sec. 1. Appropriation. The following funds are appropriated from the General Fund to carry out the purposes of this Act.

2002-03

UNIVERSITY OF MAINE SYSTEM,

BOARD OF TRUSTEES OF THE

Educational and General

Activities - UMS

All Other $7,500,000

Provides funds in fiscal year 2002-03 for the Maine Economic Improvement Fund to be used to fund applied research and development at the University of Maine System.

Sec. 2. Appropriation. The following funds are appropriated from the General Fund to carry out the purposes of this Act.

2001-02 2002-03

UNIVERSITY OF MAINE SYSTEM,

BOARD OF TRUSTEES OF THE

Debt Service - University

of Maine System

All Other $2,500,000 $2,500,000

Provides funds in fiscal year 2001-02 and fiscal year 2002-03 for debt service for the University of Maine System.

SUMMARY

This bill provides $7,500,000 in fiscal year 2002-03 for the Maine Economic Improvement Fund to be used to fund applied research and development at the University of Maine System. The