Maine § 37-B §747 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund

Maine Statutes

§ 37-B §747 — Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund

Maine § 37-B §747

Title 37-BDEFENSE, VETERANS AND EMERGENCY MANAGEMENT

Ch. 13MAINE EMERGENCY MANAGEMENT AGENCY

This text of Maine § 37-B §747 (Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 37-B, § 37-B §747 (2026).

Text

1.Fund established. The Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund, referred to in this section as "the fund," is established as a dedicated, nonlapsing fund administered by the agency for the purpose of providing a state match for United States Department of Homeland Security, Federal Emergency Management Agency disaster and hazard mitigation revolving low-interest loan funds to support county, municipal and tribal government infrastructure projects that reduce risks from extreme weather events and other natural hazards such as flooding and damaging winds to the extent allowed by federal laws and regulations.

2.Sources of funding. The fund consists of any money received from the following sources:

3.Disbursements from fund. The agency shall apply the mone

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1.
Fund established.
The Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund, referred to in this section as "the fund," is established as a dedicated, nonlapsing fund administered by the agency for the purpose of providing a state match for United States Department of Homeland Security, Federal Emergency Management Agency disaster and hazard mitigation revolving low-interest loan funds to support county, municipal and tribal government infrastructure projects that reduce risks from extreme weather events and other natural hazards such as flooding and damaging winds to the extent allowed by federal laws and regulations.
2.
Sources of funding.
The fund consists of any money received from the following sources:
3.
Disbursements from fund.
The agency shall apply the money in the fund to provide for grants and loans to support municipal and tribal government infrastructure projects that reduce risks from extreme weather events and other natural hazards such as flooding and damaging winds to the extent allowed by federal laws and regulations.
4.
Rulemaking.
The agency may adopt rules as necessary to accomplish the purpose of the fund and to meet state and federal requirements for the proper administration of this section. Rules adopted pursuant to this subsection are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.