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the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT
5 §13070-K. Economic development incentive contract
Universal Citation:
5 ME Rev Stat § 13070-K (2012 through 125th Legis)
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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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