1. Accounting and reporting requirements. The department shall:
A. Maintain an accurate accounting of the use of all program funds as required by state procedures and program guidelines, including a detailed accounting of all program funding sources and expenditures; and [PL 2009, c. 337, §4 (AMD).]
B. [PL 2009, c. 337, §4 (RP).]
C. Each year, submit a report to the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters. The report must include:

(1) An accounting of the use of all program funds received and expended since the program’s inception;
(2) A summary of the status of any approved projects;
(3) A summary of the results of any completed projects;
(4) Evaluation data and assessment consistent with section 13070?P; and
(5) Other information required to be submitted and evaluated by the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters. [PL 2017, c. 264, §7 (AMD).]

[PL 2017, c. 264, §7 (AMD).]

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Terms Used In Maine Revised Statutes Title 5 Sec. 13063-O

  • Department: means the Department of Economic and Community Development. See Maine Revised Statutes Title 5 Sec. 13054
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
2. Report. The department shall report no later than January 15th of each year.

[PL 2003, c. 451, Pt. MMM, §1 (NEW).]

3. Rulemaking. The department shall adopt major substantive rules pursuant to chapter 375, subchapter 2?A to implement this section.

[PL 2003, c. 451, Pt. MMM, §1 (NEW).]

SECTION HISTORY

PL 2003, c. 451, §MMM1 (NEW). PL 2009, c. 337, §4 (AMD). PL 2017, c. 264, §7 (AMD).