Resolve, To Ensure Consistency in the Scheduled Expiration of Terms of the Board Members of the Finance Authority of Maine
Maine Legislature, Session 124, LD 1505
Sponsors: WRIGHT, SCHNEIDER, CLEARY, HUNT, SMITH

MAINE STATE LEGISLATURE 
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124th MAINE LEGISLATU 
Legislative Document 
No. 1505 
H.P.1054 
House of Representatives, December 10,2009 
Resolve, To Ensure Consistency in the Scheduled Expiration of 
Terms of the Board Members of the Finance Authority of Maine 
(EMERGENCY) 
Approved for introduction by a majority of the Legislative Council pursuant to Joint Rule 
203. 
Received by the Clerk of the House on December 8, 2009. Referred tothe Committee on 
Business, Research and Economic Development pursuant to Joint Rule 308.2 and ordered 
plinted pursuant to Joint Rule 401. 
Presented by Representative WRIGHT of BelWick. 
Cosponsored by Senator SCHNEIDER of Penobscot and 
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MILLICENT M. MacFARLAND 
Clerk 
Representatives: CLEARY of Houlton, HUNT of Buxtol1, MacDONALD of Boothbay, 
SMITH of Monmouth. 
Priml!t..Ion recycled paper 
Emergency preamble. Whereas, acts and resolves of the Legislature do not 
become effective until 90 days after adjournment unless enacted as emergencies; and 
Whereas, except for so-called "state members," the 4-year tenTIS of membership of 
the board of directors of the Finance Authority of Maine were initially staggered so as to 
avoid simultaneous turnover; and 
Whereas, the terms of board members of the Finance Authority of Maine have over 
time become less staggered, leading to numerous terms expiring at similar times; and 
Whereas, it is desirable to avoid excessive simultaneous turnover; and 
Whereas, in the judgment of the Legislature, these facts create an emergency within 
the meaning of the Constitution of Maine and require the following legislation as 
immediately necessary for the preservation of the public peace, health and safety; now, 
therefore, be it 
Sec. 1. Members of the Finance Authority of Maine; terms. Resolved: 
That, notwithstanding the Maine Revised Statutes, Title 10, section 966, the terms of 
certain members of the Finance Authority of Maine are as follows: 
1. The term of the member appointed pursuant to Title 10, section 965, subsection 3, 
paragraph B whose term expired September 22, 2009 expires September 22, 2011 ; 
2. The term of the member appointed pursuant to Title 10, section 965, subsection 3, 
paragraph C, whose term expired October 26,2009, expires October 26, 2012; and 
3. The term of the member appointed pursuant to Title 10, section 965, subsection 3, 
paragraph D, whose term expired December 7,2009, expires December 7, 2011. 
Emergency clause. 
In view of the emergency cited in the preamble, this 
legislation takes effect when approved. 
SUMMARY 
This resolve amends the terms of membership of 3 members of the board of directors 
of the Finance Authority of Maine in order to ensure that the terms of the board members 
remain staggered in accordance with laws governing those terms. 
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