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Forecast Economic Conditions a) Economics and Demographics

Source: www.maine.gov
Topic: Economic Conditions

Sort Desciption: Forecast Economic Conditions. a) Economics and Demographics. Enabling Legislation. 5 MRSA 3305 (1) (B) (C) and (H): Assigns SPO the responsibility to ...

Content Inside: 1 Forecast Economic Conditions a) Economics and Demographics Enabling Legislation 5 MRSA 3305 (1) (B) (C) and (H): Assigns SPO the responsibility to develop socioeconomic studies and plans; analyze policy alternatives and identify needs and resources; conduct continuing economic analyses of the economy and resources of the State including economic forecasting; collect data and statistics including census information related to Maines economy; collect information useful to the development of industry; measure and monitor economic distress and poverty; and assist the Governor Legislature and state departments in formulating economic goals and policies. 5 MRSA 1710-D: Directs the State Planning Office to provide staff support to the Consensus Economic Forecasting Commission. 5 MRSA 1710-E:Creates the Revenue Forecasting Committee and designates the State Economist as a member. 5 MRSA 1710-I: Directs the State Planning Office to provide staff support to the Revenue Forecasting Committee. Resolve Chapter 36 H.P. 270: Directs SPO to report annually to the Legislature on the subject of poverty in the State. In addition to ongoing duties the Legislature calls on SPO to conduct short-term economic analysis projects. Examples of these include: P.L. 1997 Ch. 643 Sec. BB: Directs the Maine Department of Transportation and State Planning Office to determine the costs and economic benefits of an East-West Highway in Maine Resolve Ch. 117 H.P. 542: Directs SPO to staff the Maine Millennium Commission on Hunger and Food Security 10 MRSA 363 (2-A): Directs SPO to conduct an annual analysis of the factors affecting the distribution of the tax exempt state bond cap P.L. 1999 Ch. 99: Directs SPO to evaluate the business and workforce education needs of Maines fishing farming and forestry industries Positions that Contribute to this Responsibility: (1) State Economist (also supports other responsibilities) (1) Economist (1) Economist (also supports Natura ...

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