10 §1465. Allocation and disbursement of funds - Maine Statutes

Title 10: COMMERCE AND TRADE

Part 3: REGULATION OF TRADE

Chapter 216: REGIONAL RIDE SHARE SERVICES MATCHING FUND PROGRAM

§1465. Allocation and disbursement of funds

The local entity or organization applying for assistance may be eligible for funding of no more than 50% of the cost of its proposed regional ride share project. [1981, c. 499, §1 (NEW).]

The director shall, in accordance with Title 5, chapter 375, develop rules and regulations for the allocation and disbursement of funds provided by this chapter. These rules and regulations include, but are not limited to: [1981, c. 499, §1 (NEW).]

1. Disbursement of funds. Provisions for disbursement of funds to eligible parties which endeavor to design and implement regional ride share services;

[ 1981, c. 499, §1 (NEW) .]

2. Advice. Provisions for seeking advice from members of communities where proposed regional ride share programs would be implemented;

[ 1981, c. 499, §1 (NEW) .]

3. Use of funds. Provisions governing specific uses of state funds by eligible parties and an appropriate time frame for disbursement of the funds; or

[ 1981, c. 499, §1 (NEW) .]

4. Funds; reductions. Provisions regarding pro rata reductions in the percentage of funds disbursed as disbursement proceeds.

[ 1981, c. 499, §1 (NEW) .]

SECTION HISTORY

1981, c. 499, §1 (NEW).