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An Act To Encourage Economic Development
Be it enacted by the People of the State of Maine as follows:
Sec. 1. Appropriations and allocations. The following appropriations and allocations are made.
 
ECONOMIC AND COMMUNITY DEVELOPMENT, DEPARTMENT OF
 
Administration - Economic and Community Development 0069
 
Initiative: Provides ongoing funds for local economic development efforts in rural counties to be distributed based on objective criteria.

GENERAL FUND	2007-08	2008-09	
All Other	$750,000	$750,000	
 	  	  	
GENERAL FUND TOTAL	$750,000	$750,000	

SUMMARY
This bill makes ongoing General Fund appropriations of $750,000 per year beginning in fiscal year 2007-08 for local economic development efforts in rural counties to be distributed based on objective criteria.