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Amend the amendment by inserting after the title the following:
‘
Amend the bill by inserting after the title and before the enacting clause the following:
‘
‘Emergency preamble. Whereas, acts and resolves of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and
Whereas,  this legislation allows eligible student loans that had been consolidated with ineligible loans to remain eligible for the educational opportunity tax credit beginning with tax year 2015; and
Whereas,  in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,
Amend the amendment by inserting after paragraph B the following:
‘
Amend the bill by inserting after section 4 the following:
‘Sec. 5. Appropriations and allocations. The following appropriations and allocations are made.
 
HISTORIC PRESERVATION COMMISSION, MAINE
 
Historic Preservation Commission 0036
 
Initiative: Reduces funding to reflect projected fiscal year 2015-16 All Other costs for the Historic Preservation Commission program.

GENERAL FUND	2015-16	2016-17	
All Other	($200,000)	$0	
			
GENERAL FUND TOTAL	($200,000)	$0	

HISTORIC PRESERVATION COMMISSION, MAINE			
DEPARTMENT TOTALS	2015-16	2016-17	
			
GENERAL FUND	($200,000)	$0	
			
DEPARTMENT TOTAL - ALL FUNDS	($200,000)	$0	

TREASURER OF STATE, OFFICE OF
 
Debt Service - Treasury 0021
 
Initiative: Reduces funding for debt service costs.

GENERAL FUND	2015-16	2016-17	
All Other	($219,500)	$0	
			
GENERAL FUND TOTAL	($219,500)	$0	

TREASURER OF STATE, OFFICE OF			
DEPARTMENT TOTALS	2015-16	2016-17	
			
GENERAL FUND	($219,500)	$0	
			
DEPARTMENT TOTAL - ALL FUNDS	($219,500)	$0	

SECTION TOTALS	2015-16	2016-17	
			
GENERAL FUND	($419,500)	$0	
			
SECTION TOTAL - ALL FUNDS	($419,500)	$0	
 
Emergency clause.  In view of the emergency cited in the preamble, this legislation takes effect when approved.
Amend the amendment by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.
 
SUMMARY
This amendment adds an emergency preamble and clause and funds the changes to the educational opportunity tax credit by deappropriating funds from the Maine Historic Preservation Commission and the Office of the Treasurer of State in fiscal year 2015-16 to reflect savings in program All Other costs and debt service.
FISCAL NOTE REQUIRED
(See attached)