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An Act To Create Transparency in Tax Increment Financing and Credit Enhancement Agreement Proposals
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 5 MRSA §13119-A, sub-§1, as enacted by PL 1991, c. 368, is amended to read:
 
1. Proprietary information.  InformationExcept for the name of an applicant for assistance, including a business principal, if applicable, and the amount of assistance being requested, information that is provided to or developed by the department or a municipality that has to do with a program of assistance and is included in a business or marketing plan or a grant application or provided or developed to fulfill reporting requirements, as long as:
 
A. The person to whom the information belongs or pertains requests that it be designated as confidential; and
 
B. The department or municipality determines that the information gives the person making the request opportunity to obtain business or competitive advantage over another person who does not have access to that information or will result in loss of business or other significant detriment to the person making the request if access is provided to others;
Sec. 2. 5 MRSA §13119-B, sub-§1, ¶A, as enacted by PL 1991, c. 368, is repealed.
Sec. 3. 5 MRSA §13119-B, sub-§1, ¶E, as enacted by PL 1991, c. 368, is amended to read:
 
E. AmountsIf not already provided under section 13119-A, subsection 1, amounts and names of recipients of assistance provided under a program of assistance.
 
SUMMARY
This bill requires that, for applicants to the Department of Economic and Community Development or municipalities for assistance for the improvement and development of housing, community and economic development opportunities, the name of the applicants and the amount of assistance being requested not be withheld as confidential but be subject to disclosure.