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Showing posts with the label THE MAINE CAPITAL CORPORATION Report of a Study by the JOINT STANDING COMMITTEE ON TAXATION

The Maine Capital Corporation-Seeds of Fundamental Transformation

The capital stock was issued on August 7, 1980, to 6 individuals, 6 corporations, and 19 banks. THE MAINE CAPITAL CORPORATION Report of a Study by the JOINT STANDING COMMITTEE ON TAXATION  This blog is the opinion of a layperson and citizen of Maine. In the year 1976,  under the leadership of Governor Longley's board , the Maine constitutional government was replaced with a centrally managed government based on public-private relationships. Longley's special board was composed, of the heads of Maine's largest and most powerful industries. The board produced a report identifying two objectives. One objective was to eliminate the municipal referendum on economic development bonds authorized by  the Home Rule amendment to the Maine constitution in 1969. The other objective, identified in  The Governor's Task Force for Economic Redevelopment, Recommended Legislation for an Economic Development Program -110th Congress  was ,  pursuant to  the Maine Constitutio