An Act To Clarify And Strengthen The Government Shutdown Loan Guarantee Program
Signed by Governor
Summary
The law adds $250,000 to Maine's Government Shutdown Loan Guarantee Fund and changes eligibility rules so any state or federal employee stranded by a shutdown can receive a loan guarantee, even if they haven’t applied for unemployment, have a credit check, or can’t appear in person. It also eliminates a cap that would have halted guarantees once payments reached 10% of total loans, helping keep the program running during emergencies.
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