Economic development incentive contract

  1. Law
  2. Maine Revised Statutes
  3. ADMINISTRATIVE PROCEDURES AND SERVICES
  4. ECONOMIC AND COMMUNITY DEVELOPMENT
  5. ECONOMIC AND COMMUNITY DEVELOPMENT
  6. BUSINESS DEVELOPMENT
  7. RETURN ON PUBLIC INVESTMENT FROM ECONOMIC DEVELOPMENT INCENTIVES
  8. Economic development incentive contract

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§13070-K. Economic development incentive contract

If the commissioner enters into a contractual relationship with a business regarding the provision of an economic development incentive in return for the business's agreement to locate, expand or retain its facilities in the State, that contract must contain a statement of the State's expected public benefit from its investment of public funds.   [PL 2001, c. 481, §3 (AMD).]

SECTION HISTORY

PL 1997, c. 761, §2 (NEW). PL 2001, c. 481, §3 (AMD).


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