An Act To Help Facilitate New Career Opportunities and Attract Major Private Investment
Maine Legislature, Session 127, LD 1431
Committee Amendment CA_A_S255 (Senate)

COMMITTEE AMENDMENT" A "to S.P. 539, L.D. 1431, Bill, "An Act To Help 
Facilitate New Career Opportunities and Attract Major Private Investment" 
Amend the bill in section 11 in subsection 4-D in paragraph B in subparagraph (2) in 
the last line (page 8, line 7 in L.D.) by inserting after the following; "application." the 
following; 
'The commissioner's detennination of an appli,cant's status as a qualified 
transformational business expansion project has no bearing on the Finance Authority of 
Maine's determination that an applicant for long-tenn, credit-enhanced financing pursuant 
to Title 10, chapter 110, subchapter 3 has met the necessary creditworthiness 
requirements or is otherwise suitable for such financing, with ultimate authority over this 
financing decisiQn by the Finance Authority of Maine not being infringed in any way by 
the provisions of this chapter.' 
Amend the bill by inserting after section 15 the following; 
'Sec. 16. Appropriations and allocations. The following appropriations and 
allocations are made. 
LA]30R, DEPARTMENT OF 
Employment Services Activity 0852 
Initiative; Allocates funds for one Program Manager Employment and Training position 
and related All Other costs associated with expanding eligibility for funding. 
COMPETITIVE SKILLS SCHOLARSHIP FUND 
POSITIONS - LEGISLATIVE COUNT 
Personal Services 
All Other 
COMPETITIVE SKILLS SCHOLARSHIP FUND 
TOTAL 
2015-16 
1.000 
$64,682 
$6,678 
$71,360 
COMMITTEE AMENDMENT 
2016-17 
1.000 
$89,692 
$6,678 
$96,370 
COMMITTEE AMENDMENT" A "to S.P. 539, L.D. 1431 
SUMMARY 
This amendment clarifies that the Finance Authority of Maine retains its current 
authority to detennine whether an applicant for long-tenn, credit-enhanced financing 
pursuant to the Maine Revised Statutes, Title 10, chapter 110, subchapter 3 may receive 
such financing. The amendment also adds an appropriations and allocations section. 
FISCAL NOTE REQIDRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 06/11/15 
;;7/CZC 
LD 1431 
LR 2014(02) 
An Act To Help Facilitate New Career Opportunities and Attract Major Private Investment 
Fiscal Note for Bill as Amended by Committee Amendment "A"(S-;;ZS5 ') 
Committee: Labor, Commerce, Research and Economic Development 
Appropriations! Allocations 
Competitive Skills Scholarship 
Fund 
Correctional and Judicial Impact Statements 
Establishes new Class D crimes. 
Increases the number of civil suits. 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2015-16 
FY 2016-17 
$71,360 
$96,370 
Projections 
FY 2017-18 
$99,957 
Proj ections 
FY 2018-19 
$103,689 
The collection of additional fInes and fIling fees may also increase General Fund revenue by minor amounts. 
Fiscal Detail and Notes 
Increasing the Finance Authority of Maine's revenue obligation securities limit by $500,000,000 extends the moral 
obligation of the State. 
This bill includesallocations of $71,360 in fIscal year 2015-16 and $96,370 in fiscal year 2015-17 to the Competitive 
Skills Scholarship Program within the Department of Labor for one Program Manager Employment and Training 
position and related costs associated with expanding eligibility for funding available under the Competitive Skills 
Scholarship Program to include a qualified transfonuational expansion project business. This legislation may also 
result in less money being available for education and training for eligible individuals pursuant to Title 26, §2033, sub-
§5. The impact will depend on the number of qualified transfonuational expansion project businesses that take 
advantage of this provision. 
Given the p.arameters that need to be met in tenus of investment and number of employees hired, as well as the 
benefits under the Pine Tree Development Zone program as established in current statute, it is estimated that any 
reduction in sales and use and income tax revenue through fiscal year 2018-19 would be minor and that more 
significant reduction would occur in later years. 
LR2014(02) - Fiscal Note - Page 1 of2 
Under CUlTent law, the Efficiency Maine Tmst (EMT) must transfer 15% offunds received in the Regional 
Greenhouse Gas Initiative Tmst Fund in fiscal years 2014-15 and 2015-16 to the Public Utilities Commission (PUC) 
to be disbursed to ratepayers. Under this bill, these funds will also be used to make disbursements to certain qualified 
business projects. Any additional costs to the PUC and EMT are expected to be minor and can be absorbed within 
existing budgeted resources. 
The Department of the Attomey General may require additional General Fund appropriations for litigation costs 
resulting from this bill. No estimate of this cost is made at this time. 
Additional costs to the Department of Economic and Community Development associated with the certification 
process can be absorbed within existing budgeted resources. 
LR20 14(02) - Fiscal Note - Page 2 of 2