Article IV, Part Third, Section 14 of the maine State Constitution

Article IV, Part Third, Section 14 of the Maine State Constitution says:

Corporations shall be formed under general laws, and shall not be created by special Acts of the Legislature, except for municipal purposes, and in cases where the objects of the corporation cannot otherwise be attained, and, however formed , they shall forever be subject of the general laws of the state ( emphasis mine)

Quote from the legislative Charter for Brunswick Landing Maine's Center for Innovation : The Midcoast Regional Redevelopment Authority is established as a body corporate and politic and a public instrumentality of the State to carry out the purposes of this article. The authority is entrusted with acquiring and managing the properties within the geographic boundaries of Brunswick Naval Air Station. [2009, c. 641,
§1 (AMD).]
1. Powers. The authority is a public municipal corporation and may:D. Exercise the power of eminent domain; [2005, c. 599, §1 (NEW).]

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Sunday, April 12, 2015

Preserving The American Political Philosophy: Big Money, Redistributed Wealth and Legal Opacity Make For Happy Bed Fellows!


This is an update of a post written in 2013 in response to the Expanded and Improved Seed Capital Tax Credit unanimously passed by the Maine legislature amid a flurry of biased news coverage focusing almost exclusively on businesses that stand to get a cash infusion from the passage of the bill. No single bill is passed in isolation but is part of a larger and incremental strategy dating approximately back to the charter of the Maine Development Foundation Corporation serving as the foundation stone for the ever expanding corporation of Maine- a corporation that goes without an official name but is in fact an interlink web of state corporations all of which do have names. This post adds recent information expanding the historical context from past to present which sheds light on the true function of the Seed Capital Tax Credit and its role as a device for implementing special interest politics. This post is technical but a perfect example of "the devil is in the details"
http://bit.ly/1CLqAwG