§5250-H. Findings and declaration of necessity 1. Legislative finding. The Legislature finds that there is a need to encourage development in economically distressed areas of the State in order to: A. Provide new employment opportunities; [PL 2003, c. 688, Pt. D, §2 (NEW).] B. Improve existing employment opportunities; [PL 2003, c. 688, […]
§5250-I. Definitions As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2003, c. 688, Pt. D, §2 (NEW).] 1. Affiliated business. “Affiliated business” means a member of a group of 2 or more businesses in which more than 50% of the voting stock of each […]
§5250-J. Pine Tree Development Zones 1. Creation. [PL 2009, c. 461, §13 (RP).] 2. Requirements for designation. The commissioner shall adopt rules establishing the minimum requirements for the designation of Pine Tree Development Zones pursuant to subsections 3‑A and 3‑B. [PL 2009, c. 461, §14 (AMD).] 2-A. Application for designation as military redevelopment zone. […]
§5250-K. Procedure (REPEALED) SECTION HISTORY PL 2003, c. 688, §D2 (NEW). PL 2005, c. 351, §6 (AMD). PL 2005, c. 351, §26 (AFF). PL 2009, c. 461, §23 (RP).
§5250-L. Selection criteria (REPEALED) SECTION HISTORY PL 2003, c. 688, §D2 (NEW). PL 2009, c. 461, §24 (RP).
§5250-M. Program administration; rules The commissioner shall administer this subchapter. The commissioner shall adopt rules pursuant to the Maine Administrative Procedure Act for implementation of Pine Tree Development Zones, including, but not limited to, rules for determining and certifying eligibility, selecting zones for designation and evaluating on a periodic basis the progress and success of […]
§5250-N. Unorganized territory For the purposes of this subchapter, a county may act as a municipality for the unorganized territory within the county and may designate development districts within the unorganized territory. When a county acts under this section, the county commissioners act as the municipality and as the municipal legislative body, the State Tax […]
§5250-O. Certification of qualified business A business may apply to the commissioner for certification as a qualified Pine Tree Development Zone business. Upon review and determination by the commissioner that a business is a qualified Pine Tree Development Zone business, the commissioner shall issue a letter of certification to the business that includes a description […]
§5250-P. Annual reporting; evaluation 1. Annual reports. A qualified Pine Tree Development Zone business and the commissioner each shall report annually in accordance with this subsection. A. On or before March 15th of each year, a qualified Pine Tree Development Zone business shall file a report with the commissioner for the immediately preceding calendar […]
