LD 607
pg. 1
LD 607 Title Page Resolve, To Study the Effects of NAFTA on Maine Businesses LD 607 Title Page
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LR 1625
Item 1

 
Sec. 1. Study effects of NAFTA. Resolved: That the Department of
Economic and Community Development and the Executive
Department, State Planning Office shall jointly study the
effects of the North American Free Trade Agreement, or
"NAFTA," on Maine small businesses. The study must include,
but is not limited to, the positive and negative effects of
NAFTA on imports and exports in general with particular
attention to:

 
1. Imports used in public and nonprofit construction
projects;

 
2. Metal products and steel fabrication industry;

 
3. Wood products; and

 
4. Manufactured housing and home building industries; and
be it further

 
Sec. 2. Report. Resolved: That on or before October 31, 2003, the
Department of Economic and Community Development and the
Executive Department, State Planning Office shall submit to
the Legislature a joint report summarizing the results of the
study, including, but not limited to, information on jobs
created and jobs lost in the State due to NAFTA and businesses
created and businesses closed in the State due to NAFTA; and
be it further

 
Sec. 3. Legislation. Resolved: That on or before November 14, 2003
the Department of Economic and Community Development may
submit legislation resulting from the study to the Legislature
that would:

 
1. Expand business opportunities under NAFTA for Maine
businesses; and

 
2. Minimize adverse effects of NAFTA on Maine businesses.

 
SUMMARY

 
This resolve directs the Department of Economic and
Community Development and the Executive Department, State
Planning Office to study the positive and negative effects of
the North American Free Trade Agreement, with particular
emphasis on several important business sectors, and permits
the Department of Economic and Community Development to submit
legislation for consideration in the Second Regular Session of
the 121st Legislature to help expand business opportunities
under and minimize adverse effects of NAFTA.


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