CHAPTER 669
H.P. 1483 - L.D. 2091
An Act To Make Changes to the Laws Regarding Pine Tree Development Zones
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 30-A MRSA §5250-J, sub-§3, ¶H, as enacted by PL 2003, c. 688, Pt. D, §2, is repealed and the following enacted in its place:
H. The restrictions contained in paragraph G may be waived for:
(1) Property that is contained within a labor market area that has sustained a greater than 5% loss of population or employed workers during the 3-year period immediately preceding the time of application if the loss was caused by business closings; or
(2) Property that is contained within an industrial site with appropriate infrastructure and zoning or other land use regulations in place that has sustained a minimum loss of 500 employed workers during the 5-year period immediately preceding the time of application, as long as an application for a waiver under this subparagraph is received by August 1, 2010. Only a qualified business with a base level of employment equal to zero is eligible to receive Pine Tree Development Zone benefits under this subparagraph.
Effective August 23, 2006.
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