An Act To Provide Stable Funding for Research a£d bevelopment in Maine 1
Maine Legislature, Session 126, LD 1276
Committee Amendment CA_A_S157 (Senate)
Amends: 5 MRSA §15305, 10 MRSA §948

COMMITTEE AMENDMENT ".A" to S.P. 437, L.D. 1276, Bill, "An Act To 
Provide Stable Funding for Research a£d bevelopment in Maine" 
1 
Amend the bill by striking out the title and substituting the following: 
'An Act Regarding Research and Development in Maine' 
Amend the bill by striking out everything after the enacting clause and inserting the 
following: 
'Sec. 1. 5 MRSA §15305, as enacted by PL 1999, c. 401, Pt. AAA, §3, is amended 
to read: 
§15305. Limitation of powers 
The institute may not enter into contracts, obligations or commitments of any kind on 
behalf of the State or any of its agencies, nor does it have the power of eminent domain or 
any other power not provided to business corporations generally. Bonds, notes and other 
evidences of indebtedness of the institute may not in any way be a debt or liability of the 
State or constitute a pledge of the faith and credit of the State. The institute may not 
expend more than +% 10% of funds appropriated per biennium by the State for 
management and related operating costs of the institute. 
Sec. 2. 10 MRSA §948, sub-§I, ~, as enacted by PL 2011, c. 698, §3, is 
amended to read: 
H. Apportioning a minimum percentage of the annual disbursements from the fund 
among the University of Maine at Augusta, the University of Maine at Farmington, 
the University of Maine at Fort Kent, the University of Maine at Machias aOO, the 
University of Maine at Presque Isle and the Maine Maritime Academy to support 
research and development as follows: beginning July 1, 2013 a minimum of 2.5% and 
beginning July 1,2015 a minimum of3%.' 
COMMIT'TEEAMENDMENT 
COMMITTEE AMENDMENT'A'to S.P. 437, L.D. 1276 
SUMMARY 
This amendment replaces the bill, which was a concept draft. It increases the amount 
that the Maine Technology Institute may expend for management and related operating 
costs of the institute from 7% to 1.0% in order to allow for investments that increase the 
institute's effectiveness arid the rate of commercialization of its portfolio companies. In 
addition, the amendment adds the Maine Maritime Academy to the list of campuses that 
may compete for research and development funding through the small campus initiative 
administered by the Board of Trustees of the University of Maine System. 
FISCAL .\0 f[ REQVlRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: OS/26/13 
fra~ 
LD 1276 
LR 264(02) 
, 
An Act To Provide Stable Funding for Research and Development in Maine 
Fiscal Note for Bill as Amended by Committee Amendment 'fJ:<... C5 -t 51) 
Committee: Labor, Commerce, Research and Economic Development 
Fiscal Detail and Notes 
Fiscal Note Required: Yes 
Fiscal Note 
Potential reduction in Grant Funding - University of Maine System 
Potential increase in Gremt Funding - Maine Maritime Academy 
Adding Maine Maritime Academy to the list of campuses that may compete for research and development funding 
through the small campus initiative administered by the Board of Trustees of the University of Maine System may 
reduce the amount of overall grant funds that the System will be able to leverage for research and development. The 
impact will depend on the results of the competitive process. 
LR0264(02) - Fiscal Note - Page 1 of 1