Maine Revised Statutes Title 5. Administrative Procedures and Services § 12024. Proposed quasi-independent state entities

A. Whether the governmental purpose for which the proposed quasi-independent state entity is being established is funded with revenues that are derived, in whole or part, from federal or state taxes or fees;

B. Whether the powers and duties of the proposed quasi-independent state entity are more than advisory as described in section 12004-I;

C. Whether the proposed quasi-independent state entity's organizational and accountability structure allows the quasi-independent state entity to make significant policy and financial decisions independent of the Legislature and executive branch;

D. Whether the proposed quasi-independent state entity is considered a component unit of State Government for financial reporting purposes under the standards and pronouncements issued by a governmental accounting standards board or for any purposes under Part 4; and

E. Whether the proposed quasi-independent state entity will be subject to review under the State Government Evaluation Act.

A. Provides, if applicable, for staggered terms of office for members of the governing body, with terms not to exceed 5 years;

B. Requires that the governing body must be responsible for:

C. Specifies qualifications required or desired of the managing director;

D. Provides conditions under which members of the governing body and the managing director may be removed from office and establishes the process for removal;

E. Identifies the joint standing committee of the Legislature with oversight over the entity and any matters that must be reviewed by that committee; and

F. Contains audit and reporting requirements.