Maine LD 1692: An Act To Amend and Clarify the Laws Governing the Brunswick Naval Air Station Job Increment Financing Fund

LD 1692 (subjects: TAX INCREMENT FINANCING , USES EXPANDED )

Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=1692&PID=1456&snum=127


Sponsors | Actions | Bill Text | Patterns of Support


Sponsors

Principal Sponsor: Sen. Stanley Gerzofsky of Cumberland: (D – District 24) — e-mail | Facebook

9 Cosponsors:

Actions

Chamber

Action
4/1/2016 Senate Committee on LABOR, COMMERCE, RESEARCH AND ECONOMIC DEVELOPMENT
suggested and ordered printed
On motion by Senator Mason of Androscoggin REFERRED to the Committee on LABOR, COMMERCE, RESEARCH AND ECONOMIC DEVELOPMENT
Ordered sent down forthwith for concurrence.
4/1/2016 House Bill REFERRED to the Committee on LABOR, COMMERCE, RESEARCH AND ECONOMIC DEVELOPMENT.
In concurrence. ORDERED SENT FORTHWITH.
4/11/2016 Senate Reports READ.

On motion by Senator VOLK of Cumberland the Majority Ought to Pass Report ACCEPTED.

READ ONCE.

Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED.
Ordered sent down forthwith for concurrence.
4/11/2016 House Reports READ.
On motion of Representative HERBIG of Belfast, the Majority Ought to Pass Report was ACCEPTED.
ROLL CALL NO. 586
(Yeas 83 – Nays 63 – Absent 5 – Excused 0)
The Bill was READ ONCE.
Under suspension of the rules, the Bill was given its SECOND READING without REFERENCE to the Committee on Bills in the Second Reading.
The Bill was PASSED TO BE ENGROSSED.
In concurrence. ORDERED SENT FORTHWITH.
4/12/2016 House PASSED TO BE ENACTED.
Sent for concurrence. ORDERED SENT FORTHWITH.
4/13/2016 Senate PASSED TO BE ENACTED, in concurrence.
4/29/2016 Senate LD 1692 In Senate, April 29, 2016, this Bill, having been returned by the Governor, together with objections to the same pursuant to the provisions of the Constitution of the State of Maine, after reconsideration, the Senate proceeded to vote on the question: “Shall this Bill become a law notwithstanding the objections of the Governor?” 26 In Favor and 9 Against, accordingly it was the vote of the Senate that the Bill become law and the VETO was OVERRIDDEN.
Ordered sent down forthwith for concurrence
4/29/2016 House This Bill, having been returned by the Governor, together with objections to the same pursuant to Article IV, Part Third, Section 2 of the Constitution of the State of Maine, after reconsideration, the House proceeded to vote on the question: “Shall this Bill become a law notwithstanding the objections of the Governor?”
ROLL CALL NO. 679V
85 having voted in the affirmative and 62 in the negative, with 4 being absent, and accordingly it was the vote of the House that the Bill not become a law and the veto was sustained.
Placed in the Legislative Files. (DEAD)

Bill Text

.

An Act To Amend and Clarify the Laws Governing the Brunswick Naval Air Station Job Increment Financing Fund

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 5 MRSA 13083-S-1, sub- 3, B, as enacted by PL 2009, c. 641, 9, is repealed and the following enacted in its place:

B. Subject to the provisions of paragraph E, payments allocated to the college must be used solely to fund the following costs, as long as those costs are incurred for educational programs or employment services directly related to support of the target business sectors in the base area:

(1) Higher education services, including, but not limited to, faculty and staff salaries and instruction; and

(2) Operations, equipment, maintenance and financing costs, including, but not limited to, closing costs, issuance costs and interest paid to holders of evidences of indebtedness issued to pay for project costs and any premium paid over the principal amount of that indebtedness because of the redemption of the obligations before maturity.

As used in this paragraph, “target business sectors” means businesses engaged in the aerospace or aviation, biotechnology, composites and advanced materials, renewable energy or information technology industry.

Beginning November 15, 2016, the authority and the college jointly shall provide an annual report to the joint standing committee of the Legislature having jurisdiction over economic development matters detailing the amounts of the payments allocated to the college from the fund and the manner in which those payments have been used during the prior fiscal year.

summary

Current law provides that the state income tax withholding attributable to employees at the Brunswick Naval Air Station is placed into a fund and distributed equally to the Midcoast Regional Redevelopment Authority and Southern Maine Community College.

This bill clarifies that the funds distributed to Southern Maine Community College must be used for the support of educational programs or employment services directly related to target business sector businesses at the former Brunswick Naval Air Station. This bill also requires the authority and the college jointly to report to the joint standing committee of the Legislature having jurisdiction over economic development matters annually regarding the use of the funds allocated to the college.

Patterns of Support

Pattern of Cosponsorship by Region:

Pattern of Cosponsorship by Gender:

Pattern of Cosponsorship by Party:

Pattern of Cosponsorship by Campaign Finance Classification:

Note: Maine Clean Elections Act (MCEA) Qualified candidates only accept a small dollar value of initial contributions early in their campaigns, pledge not to accept further campaign contributions from private sources, and receive public funding for their campaigns. MCEA Non-Qualified candidates choose not to obtain public funding and instead are free to accept campaign contributions from individuals, party committees, political action committees and business sources.


This information about LD 1692 was last updated on 2016-05-13.
The Open Maine Politics website is in a beta release and results should not be taken as definitive. Please visit the official website of the Maine State Legislature for entirely verifiable information.

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