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land necessary for the start-up of a new agricultural enterprise | | may not exceed $100,000. |
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| | | 5.__Loans for aquacultural enterprises. When considering loans | | for aquacultural enterprises, the commissioner may consult with | | the Department of Marine Resources. |
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| | | 6.__ Conditions prescribed by rules.__An agricultural | | marketing loan is subject to other terms and conditions | | prescribed by rule in accordance with section 437. |
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| | | Sec. C-5. 7 MRSA §437, as enacted by PL 1995, c. 658, §1, is | | repealed and the following enacted in its place: |
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| | | The commissioner shall adopt rules to implement this | | subchapter. Rules adopted pursuant to this section are routine | | technical rules as defined in Title 5, chapter 375, subchapter 2- | | A.__The rules must include provisions to ensure that use of the | | fund for the purchase of a building that was financed under the | | Potato Marketing Improvement Fund is consistent with the purposes | | of this subchapter. |
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| | | The commissioner may establish, by rule, terms and conditions | | for loans made under this subchapter, including, but not limited | | to, a mechanism for reserving funds for or giving priority to | | projects for agricultural enterprises or in areas of the State | | determined by the commissioner to require special assistance. |
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| | | Sec. C-6. 10 MRSA §1023-J, as amended by PL 2003, c. 578, §8, is | | further amended to read: |
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| | | §1023-J. Agricultural Marketing Loan Fund |
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| | | The Agricultural Marketing Loan Fund, referred to in this | | section as the "fund," is created. The fund must be deposited | | with and maintained by the Finance Authority of Maine. The fund | | must be administered by the Commissioner of Agriculture, Food and | | Rural Resources in accordance with Title 7, chapter 101, | | subchapter 1-D. All money received by the Finance Authority of | | Maine from any source for the development and implementation of | | an improved agricultural marketing loan program must be credited | to the fund. Any money credited to the fund from the issuance of | bonds on behalf of the State for financing loans for agricultural | enterprises may be used only for the following purposes: to | provide assistance to agricultural enterprises in this State for | the design, construction or improvement of commodity and storage | buildings and packing and marketing facilities; for the purchase, |
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