Sec. 1. 5 MRSA §13070-J, sub-§1, ¶D, as corrected by RR 2001, c. 2, Pt. A, §11, is amended to read:

D. "Economic development incentive" means:

(1) Assistance from Maine Quality Centers under Title 20-A, chapter 431-A;

(2) The Governor's Training Initiative Program under Title 26, chapter 25, subchapter 4;

(3) Municipal tax increment financing under Title 30-A, chapter 206;

(4) The jobs and investment tax credit under Title 36, section 5215;

(5) The research expense tax credit under Title 36, section 5219-K;

(6) Reimbursement for taxes paid on certain business property under Title 36, chapter 915;

(7) Employment tax increment financing under Title 36, chapter 917; or

(8) The shipbuilding facility credit under Title 36, chapter 919; or

(9) The credit for seed capital investment under Title 36, section 5216-B.

Sec. 2. 36 MRSA c. 919, as amended, is repealed.

SUMMARY

This bill repeals the Maine Revised Statutes, Title 36, chapter 919, which is the chapter that created the shipbuilding facility credit.