Bonding and financing organizations have the primary responsibilities to finance construction of projects, new businesses or business expansions; administer pension funds or the proceeds of bond sales; and administer organizations created to fulfill these responsibilities.
The primary powers of these boards include the authority to hold hearings and adopt rules; establish procedures and standards; lease or acquire property; enter into contracts; sell bonds; invest income; and borrow money.
This classification includes the following.
NAME OF ORGANIZATION
RATE OF COMPENSATION
STATUTORY REFERENCE
1.Finance Authority of Maine
Legislative Per Diem
10 MRSA §964
2.Maine Municipal Bond Bank, Board of Commissioners
Legislative Per Diem
30‑A MRSA §5951
3.Maine State Housing Authority
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Bonding and financing organizations have the primary responsibilities to finance construction of projects, new businesses or business expansions; administer pension funds or the proceeds of bond sales; and administer organizations created to fulfill these responsibilities.
The primary powers of these boards include the authority to hold hearings and adopt rules; establish procedures and standards; lease or acquire property; enter into contracts; sell bonds; invest income; and borrow money.
This classification includes the following.
NAME OF ORGANIZATION
RATE OF COMPENSATION
STATUTORY REFERENCE
1.
Finance Authority of Maine
Legislative Per Diem
10 MRSA §964
2.
Maine Municipal Bond Bank, Board of Commissioners
Legislative Per Diem
30‑A MRSA §5951
3.
Maine State Housing Authority
Legislative Per Diem
30‑A MRSA §4722
4.
Maine Turnpike Authority, Board of Directors
Legislative Per Diem
23 MRSA §1964‑A
5.
Maine Public Utility Financing Bank, Board of Commissioners
6.
Maine Health and Higher Educational Facilities Authority
Legislative Per Diem
22 MRSA §2054
7.
Maine School Building Authority
8.
Maine Port Authority
$100/Meeting Plus Expenses
23 MRSA §4420
9.
Board of Trustees, Maine Public Employees Retirement System
Legislative Per Diem
5 MRSA §17102
10.
State Employee Health Commission
Expenses Only
5 MRSA §285‑A
11.
Maine Governmental Facilities Authority
Expenses Only
4 MRSA §1602
12.
Board of Directors, Student Educational Enhancement Deposit Plan
13.
Maine Low-level Radioactive Waste Authority
14.
Board of Trustees, Sludge and Residuals Utilization Research Foundation
15.
Maine Educational Loan Authority
16.
Northern New England Passenger Rail Authority
Legislative Per Diem
23 MRSA §8111
17.
Small Enterprise Growth Board
Expenses Only
10 MRSA §471
18.
Maine Rural Development Authority
Expenses Only
5 MRSA §13120‑A
PL 1987, c. 786, §5 (NEW). PL 1989, c. 503, §§A9-11 (AMD). PL 1991, c. 622, §S6 (AMD). PL 1993, c. 494, §1 (AMD). PL 1993, c. 664, §1 (AMD). PL 1995, c. 374, §1 (AMD). PL 1995, c. 699, §1 (AMD). PL 1999, c. 668, §20 (AMD). PL 1999, c. 790, §A2 (AMD). PL 2001, c. 703, §1 (AMD). PL 2007, c. 58, §3 (REV). PL 2007, c. 134, §2 (AMD). PL 2011, c. 302, §1 (AMD). PL 2015, c. 170, §3 (AMD). PL 2015, c. 170, §30 (AFF). PL 2023, c. 608, §1 (AMD).