The Maine Employment Tax Increment Financing Program is established to encourage the creation of net new quality jobs in this State, improve and broaden the tax base and improve the general economy of the State. The Legislature declares that the actions required to assist the implementation of development programs are a public purpose and that the execution and financing of these programs are a public purpose.
Me. Rev. Stat. tit. 36, § 6752
Program established; declaration of public purpose
Known as the Maine Employment Tax Increment Financing Act
The act spans §§ 6751–6764 (14 sections).
PL 1995, c. 669, §5 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.