§ 10 §929-B — Powers and duties

1.
Develop a long-term plan for the State's economy.
The council shall:
2.
Process.
The council shall use the following guidelines when developing the plan described in subsection 1.
3.
Contents.
The plan developed by the council must consist of:
4.
Fiscal agent.
The Department of Economic and Community Development shall serve as the council's fiscal agent providing regular financial reports to the council on funds received and expended and an annual audit. The council shall seek funds and accept gifts, if necessary, to support the council's objectives.
5.
Staff support.
The council shall contract with the Maine Development Foundation for staff support to fulfill the requirements for carrying out the purposes of this section.
6.
Report.
The council shall report to the joint standing committee of the Legislature having jurisdiction over housing and economic development matters. The council shall recommend its plan to the committee biennially at the beginning of each new Legislature, except that the first plan must be presented by January 1, 1995. The recommended plan must be used by the Economic Development and Business Assistance Coordinating Council as a guide to deliver economic development services.

Legislative History

PL 1993, c. 410, §MMM1 (NEW). PL 1993, c. 709, §1 (AMD). PL 1993, c. 725, §3 (AMD). PL 1997, c. 48, §2 (AMD). PL 1999, c. 272, §3 (AMD).