18-276 18-276 . . . Director Incentive Compensation Plan under which eligible directors are granted automatic, nondiscretionary annual awards of 100 shares of common stock to each eligible director at no cost to director upon election or re-election by stockholders. The Board may amend award formula to no greater than 500 shares per year per director
Maine Director Incentive Compensation Plan
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Under the Dirigo Business Incentive program, businesses that pay to train three or more workers in an approved training program will receive a $2,000 tax credit per worker trained. Modernizing Maine's Incentives for Business Investment Maine.gov ? mills ? news ? radio_address Maine.gov ? mills ? news ? radio_address
The bill, An Act to Modernize Maine's Business Incentive Programs, would overhaul Maine's 20-year-old Pine Tree Development Zone (PTDZ) program ? which is set to sunset at the end of 2023 ? and replace it with a new program, the Dirigo Business Incentive, that better reflects the current needs of Maine's economy. Governor Mills Unveils Legislation to Modernize & Strengthen Maine's ... maine.gov ? governor ? mills ? news ? gover... maine.gov ? governor ? mills ? news ? gover...
Dirigo is important because it modernizes the Pine Tree Development Zone Program (PTDZ), which is what legislators wanted. Dirigo is simple, it provides an income tax credit for workforce training and capital investment, two very important issues for Maine businesses. dirigo - MAINE STATE CHAMBER OF COMMERCE mainechamber.org ? dirigo mainechamber.org ? dirigo
