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.   [PL 1987, c. 786, §5 (NEW).]
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.   [PL 1987, c. 786, §5 (NEW).]
This classification includes the following.   [PL 1987, c. 786, §5 (NEW).]
NAME OF ORGANIZATION RATE OF COMPENSATION STATUTORY REFERENCE

1. 

Finance Authority of Maine Legislative Per Diem 10 MRSA §964

[PL 1987, c. 786, §5 (NEW).]

Terms Used In Maine Revised Statutes Title 5 Sec. 12004-F

  • Board: means any authority, board, commission, committee, council and similar organization, including independent organizations, established or authorized by the Legislature to fulfill specific functions the members of which do not serve full time. See Maine Revised Statutes Title 5 Sec. 12002
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
2. 

Maine Municipal Bond Bank, Board of Commissioners Legislative Per Diem 30?A MRSA §5951

[PL 1989, c. 503, Pt. A, §9 (AMD).]

3. 

Maine State Housing Authority Legislative Per Diem 30?A MRSA §4722

[PL 1989, c. 503, Pt. A, §9 (AMD).]

4. 

Maine Turnpike Authority, Board of Directors Legislative Per Diem 23 MRSA §1964?A

[PL 2011, c. 302, §1 (AMD).]

5. 

Maine Public Utility Financing Bank, Board of Commissioners Legislative Per Diem 35?A MRSA §2904

[PL 1987, c. 786, §5 (NEW).]

6. 

Maine Health and Higher Educational Facilities Authority Legislative Per Diem 22 MRSA §2054

[PL 1987, c. 786, §5 (NEW).]

7.  Maine School Building Authority 

[PL 1993, c. 494, §1 (RP).]

8. 

Maine Port Authority $100/Meeting Plus Expenses 23 MRSA §4420

[PL 2007, c. 134, §2 (AMD).]

9. 

Board of Trustees, Maine Public Employees Retirement System Legislative Per Diem 5 MRSA §17102

[PL 1987, c. 786, §5 (NEW); PL 2007, c. 58, §3 (REV).]

10. 

State Employee Health Commission Expenses Only 5 MRSA §285?A

[PL 1989, c. 503, Pt. A, §10 (RPR).]

11. 

Maine Governmental Facilities Authority Expenses Only 4 MRSA §1602

[PL 1999, c. 790, Pt. A, §2 (AMD).]

12.  Board of Directors, Student Educational Enhancement Deposit Plan 

[PL 1991, c. 622, Pt. S, §6 (RP).]

13.  Maine Low-level Radioactive Waste Authority 

[PL 1993, c. 664, §1 (RP).]

14.  Board of Trustees, Sludge and Residuals Utilization Research Foundation 

[PL 1999, c. 668, §20 (RP).]

15.  Maine Educational Loan Authority 

[PL 2015, c. 170, §3 (RP); PL 2015, c. 170, §30 (AFF).]

16. 

Northern New England Passenger Rail Authority Legislative Per Diem 23 MRSA §8111

[PL 1995, c. 374, §1 (NEW).]

17. 

Small Enterprise Growth Board Expenses Only 10 MRSA §471

[PL 1995, c. 699, §1 (NEW).]

18. 

Maine Rural Development Authority Expenses Only 5 MRSA §13120?A

[PL 2001, c. 703, §1 (NEW).]

SECTION HISTORY

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).