2010 Maine Code
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT
5 §13070-K. Economic development incentive contract


5 ME Rev Stat § 13070-K (2010 through 124th Legis) What's This?

Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT

Subchapter 2: BUSINESS DEVELOPMENT

§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. [2001, c. 481, §3 (AMD).]

SECTION HISTORY

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

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