As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2003, c. 710, §2 (NEW).]
1. Authority. "Authority" means the Finance Authority of Maine.
2. Chief executive officer. "Chief executive officer" means the Chief Executive Officer of the Finance Authority of Maine.
3. Eligible employer. "Eligible employer" means a business in the State that employs engineers and that demonstrates a need to fill an eligible employment position.
4. Eligible employment position. "Eligible employment position" means a full-time position of employment with an employer located in this State, a requirement of which is a bachelor's degree in an engineering discipline.
5. Eligible individual. "Eligible individual" means a person who:
A. Holds a bachelor's degree from a college of engineering within the University of Maine System; or [PL 2003, c. 710, §2 (NEW).]
B. Received a high school diploma, or its equivalent, in this State and holds a bachelor's degree from a college of engineering in a state other than this State. [PL 2003, c. 710, §2 (NEW).]
6. Program. "Program" means the Maine Engineers Recruitment and Retention Program established in section 12522.