LD 1811
Second Regular Session - 124th Maine Legislature
S "A" to C "A", Filing Number S-519, Sponsored by DIAMOND
Text: MS-Word, RTF or PDF
LR 2611
Item 4
Bill Tracking Chamber Status

Amend the amendment by striking out all of section 49 (page 21, lines 23 to 39 in amendment) and inserting the following:

Sec. 49. Working capital advance. For fiscal year 2010-11, the State Controller is authorized to advance up to $250,000 from the General Fund to the Medical Use of Marijuana Fund, established under the Maine Revised Statutes, Title 22, section 2430 in the Department of Health and Human Services, to provide start-up funds for the implementation of this Act.

Funds advanced to the Medical Use of Marijuana Fund under this section for fiscal year 2010-11 must be returned to the General Fund on or before June 30, 2011. Repayment of the working capital advance is considered an expense of the Department of Health and Human Services in administering this Act, and funds in the Medical Use of Marijuana Fund may be used to repay the working capital advance provided during fiscal year 2010-11.

On April 1, 2011, the State Controller and the Department of Health and Human Services shall report to the joint standing committees of the Legislature having jurisdiction over health and human services matters and appropriations and financial affairs on the status of funds advanced and repaid under this section.’


This amendment increases the General Fund working capital advance from $200,000 to $250,000 and changes the payback schedule to require all advanced funds to be repaid by June 30, 2011.

(See attached)

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