Maine Revised Statutes Title 12 Sec. 6304-A – Coastal Fisheries, Research Management and Opportunity Fund
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Terms Used In Maine Revised Statutes Title 12 Sec. 6304-A
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
The Coastal Fisheries, Research Management and Opportunity Fund, referred to in this section as “the fund,” is established within the department. For each license or permit issued under this Part, 30% of the fee charged must be deposited into the fund. The fund must be used to fund scientific research, management or enforcement activities related to marine resources. Unexpended balances in the fund at the end of a fiscal year do not lapse but must be carried forward to the next fiscal year. Any interest earned by the fund must be credited to the fund. [PL 2017, c. 284, Pt. EEEEE, §1 (NEW).]
SECTION HISTORY
PL 2017, c. 284, Pt. EEEEE, §1 (NEW).