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account for the purpose for which it is provided. The authority may | | invest the money in accordance with the purposes of this chapter, | | subject to any limitations imposed by the donor. |
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| | | The revenues derived by the authority from any assessment, | | transfer of funds, lease, assignment, rental agreement or other | | disposition or any other revenue must be used for the purposes of | | this chapter and applied in a competitively neutral fashion and | | without giving preference to any one form of technology over | | another. |
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| | | The authority may not establish or collect a franchise fee | | pursuant to 47 United States Code, Section 542 or Title 30-A, | | section 3008.__If any tax, fee, charge or assessment or portion | | thereof established by the authority is held by a court of | | competent jurisdiction to be a franchise fee, the imposition of | | that tax, fee, charge or assessment or portion thereof is | | unenforceable. |
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| | | This chapter is repealed January 31, 2009. |
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| | | Sec. 4. 36 MRSA §2017 is enacted to read: |
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| | | §2017.__Reimbursement of certain taxes relating to advanced |
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| | | communications technology infrastructure |
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| | | 1.__Definitions.__As used in this section, unless the context | | otherwise indicates, the following terms have the following | | meanings. |
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| | | A.__"Advanced communications technology infrastructure" has | | the same meaning as in Title 35-A, section 9202. |
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| | | B.__"Authority" has the same meaning as in Title 35-A, | | section 9202. |
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| | | C.__"Qualifying ConnectME zone" means a geographical area | | that is eligible for tax reimbursement under this section | | because the authority has determined that the area is an | | unserved or underserved area. |
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| | | 2.__Reimbursement allowed.__Following final adoption of rules | | under__subsection 7, but in no event earlier than July 1, 2007, a | | reimbursement is allowed as provided in this section for |
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