An Act To Authorize Early Payment of Anticipated Funds to the Loring Job Increment Financing Fund
Maine Legislature, Session 130, LD 0022
Committee: Innovation, Development, Economic Advancement and Business
Sponsors: JACKSON, McCREA, MARTIN
Amends: 5 MRSA §13080-S

Legislative Document
No. 22
S.P. 30
In Senate, January 13, 2021
An Act To Authorize Early Payment of Anticipated Funds to the 
Loring Job Increment Financing Fund
(EMERGENCY)
Received by the Secretary of the Senate on January 11, 2021.  Referred to the Committee 
on Innovation, Development, Economic Advancement and Business pursuant to Joint Rule 
308.2 and ordered printed.
DAREK M. GRANT
Secretary of the Senate
Presented by President JACKSON of Aroostook.
Cosponsored by Representative McCREA of Fort Fairfield and
Representatives: MARTIN of Eagle Lake, MARTIN of Sinclair.
Emergency preamble.  Whereas, acts and resolves of the Legislature do not 
become effective until 90 days after adjournment unless enacted as emergencies; and
Whereas, this legislation authorizes the payment of anticipated funds to the Loring 
Job Increment Financing Fund in advance of the payment scheduled on July 31, 2021; 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 enacted by the People of the State of Maine as follows:
Sec. 1.  5 MRSA §13080-S, sub-§3, ¶B is enacted to read:
B.  At any time during the 12 months preceding the July 31, 2021 payment date, the 
assessor, at the direction of the Governor or upon the recommendation of the 
Commissioner of Economic and Community Development and the approval of the 
Commissioner of Administrative and Financial Services, shall deposit into the 
contingent account and pay to the fund an amount not to exceed the anticipated 
payment amount to the fund or the amount paid the previous year, whichever is greater. 
Any difference between the amount advanced and the amount finally determined to be 
due, in the event of an underpayment, must be added to the final payment due by July 
31, 2021 or, in the event of an overpayment, must be deducted from the final payment 
due by July 31, 2022.
This paragraph is repealed August 1, 2022.
Emergency clause.  In view of the emergency cited in the preamble, this legislation 
takes effect when approved.
SUMMARY
This bill requires the State Tax Assessor, at the direction of the Governor or upon the 
recommendation of the Commissioner of Economic and Community Development and the 
approval of the Commissioner of Administrative and Financial Services, to deposit into the 
contingent account and pay to the Loring Job Increment Financing Fund an amount not to 
exceed the anticipated payment amount to the fund or the amount paid the previous year, 
whichever is greater.
It provides that any difference between the amount advanced and the amount finally 
determined to be due, in the event of an underpayment, must be added to the final payment 
due by July 31, 2021 or, in the event of an overpayment, must be deducted from the final 
payment due by July 31, 2022.  It repeals the temporary provision on August 1, 2022.