5 §13063-O. Microenterprise initiative fund program review
Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT HEADING: PL 1987, C. 534, PT. A, §17 (NEW)
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT HEADING: PL 1987, C. 534, PT. A, §17 (NEW)
Subchapter 2: BUSINESS DEVELOPMENT HEADING: PL 1987, C. 534, PT. A, §§17, 19 (NEW); 1989, C. 502, PT. A, §23 (RPR)
Article 2-B: MAINE MICROENTERPRISE INITIATIVE HEADING: PL 2001, C. 471, PT. A, §7 (NEW)
§13063-O. Microenterprise initiative fund program review
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 [2009, c. 337, §4 (AMD).]
B.
[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 13056-A; 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. [2009, c. 337, §4 (AMD).]
[ 2009, c. 337, §4 (AMD) .]
2. Report. The department shall report no later than January 15th of each year.
[ 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.
[ 2003, c. 451, Pt. MMM, §1 (NEW) .]
SECTION HISTORY
2003, c. 451, §MMM1 (NEW). 2009, c. 337, §4 (AMD).