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160 chapters · 1,536 sections in this title.
5 M.R.S. § 452 Mining Excise Tax Trust Fund
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There is created a separate trust fund to be known as the Mining Excise Tax Trust Fund, referred to in this chapter as the "fund," to replace the loss to the State of a nonrenewable natural resource, to protect the State's environment and to protect municipalities from any advers…
5 M.R.S. § 453-A Board of trustees
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The Mining Excise Tax Trust Fund Board of Trustees, as established in section 12004‑G, subsection 33‑B and referred to in the chapter as the "board," consists of 5 members. [PL 2025, c. 469, §2 (AMD); PL 2025, c. 469, §44 (AFF).] 1. Appointment; qualifications. The members of the…
5 M.R.S. § 454-A Powers and duties of board
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1. Authorize expenditures. The board may authorize any expenditure of the fund. An expenditure of funds or transfer of responsibility may be made only with the concurrence of at least 3 members of the board. 2. Employ staff as necessary. The board may employ staff necessary to ca…
5 M.R.S. § 455 Uses of the trust fund
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1. Funds available. The board may utilize available funds as follows. A. The board may use income for the purposes of this section. [PL 1981, c. 711, §2 (NEW).] B. The board may use the principal if approved by the Legislature and the Governor. [PL 1981, c. 711, §2 (NEW).] 2. Use…