An Act To Support Innovation, Entrepreneurship and Maine's Economic Future
Maine Legislature, Session 128, LD 1324
Committee Amendment CA_A_H207 (House)
Amends: 5 MRSA §15303

COMMITTEE AMENDMENT "/},, to H.P. 918, L.D. 1324, Bill, "An Act To 
Support Innovation, Entrepreneurship and Maine's Economic Future" 
Amend the bill by striking out all of section 3. 
Amend the bill in section 4 in paragraph E in the last line (page 1, line 31 in L.D.) by 
striking out the following: "._;_" and inserting the following: '.' 
Amend the bill by striking out all of section 5 and inserting the following: 
'Sec. 5. 5 MRSA §15303, sub-§7, as enacted by PL 1999, c. 401, Pt. AAA, §3, is 
amended to read: 
7. 
Other duties and powers. 
The institute shall do all things necessary or 
convenient to carry out the lawful purposes of the institute under this chapter, and may 
establish and operate programs, including, but not limited to, the following: 
A. A technology center pursuant to section 15322; 
B. 
A program to promote and encourage the establishment, maintenance and 
operation of incubators and accelerators in the entrepreneurial support system by 
awarding grants and other forms of financial assistance to companies, nonprofit 
entities, economic development agencies, educational institutions, government 
agencies or other entities for programs that promote an entrepreneurial business 
environment or train or educate entrepreneurs. 
Suppo1i for a program under this 
paragraph must be awarded on a competitive basis, with effectiveness and effect on 
Maine's economy as the primmy criteria. The administrative costs of a program 
under this paragraph are not management and related operating costs of the institute 
under section 15305; 
C. A program, in cooperation with the University of Maine System, to provide 
summer internship opportunities for college students in the entrepreneurial suppo1i 
system. 
Students must be selected on a competitive basis and be placed with 
companies, nonprofit entities, economic development agencies, 
educational 
institutions, government agencies or other entities in targeted technologies. 
The 
COMMITTEE AMENDMENT 
COMMITIEE AMENDMENT "A" to H.P. 918, L.D. 1324 
administrative· costs of a program under this paragraph are not management and 
related operating costs of the institute under section 15305; 
D. A program, in collaboration with the Maine Innovation Economy Adviso1y Board 
under Title 10, section 949, to support the technology transfer activities of the 
University of Maine System, other postsecondaty educational institutions in the State 
and nonprofit research institutes eligible for funding under an asset technology fund 
established and administered by the institute, to increase the level of patenting at the 
University of Maine System, other postsecondaty institutions in the State and 
nonprofit research institutes and to promote the licensing of the patents, especially to 
new and existing companies with operations in the State. Support under this 
paragraph may include expenses associated with patenting and licensing. 
The 
administrative costs of a program under this paragraph are not management and 
related operating costs of the institute under section 15305; and 
E. 
A program in collaboration with the University of Maine School of Law to 
support the commercialization and manufacturing of innovations in the State by 
providing education and assistance with the patent process of the United States Patent 
and Trademark Office to companies, inventors and entrepreneurs in the State. The 
administrative costs of a program under this paragraph are not management and 
related operating costs of the institute under section 15305.' 
Amend the bill in section 6 in paragraph B in the last line (page 2, line 37 in L.D.) by 
striking out the following: "subsection 6, paragraph F" and inserting the following: 
'subsection 7, paragraph A' 
Amend the bill by relettering or renumbering any nonconsecutive Part letter or 
section number to read consecutively. 
SUMMARY 
This amendment clarifies that the new powers granted to the Maine Technology 
Institute through the bill are not exclusive in nature. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 04/30/17 Mac:.-
LD 1324 
LR 1836(02) 
An Act To Support Innovation, Entrepreneurship and Maine's Economic Future 
Fiscal Note for Bill as Amended by Committee Amendment •iA'( }I- d oj 
Committee: Labor, Commerce, Research and Economic Development 
Fiscal Note Required: Yes 
Fiscal Note 
No net fiscal impact 
Fiscal Detail and Notes 
This legislation authorizes but does not require the Maine Technology Institute to establish certain programs that 
support entrepreneurial growth. There is no net fiscal impact to the Department of Economic and Community 
Development or the Maine Technology Institute. 
LR1836(02)- Fiscal Note - Page 1 of 1