Section 648-312-5 - ADMINISTRATION OF FUNDSA. State Planning Office. The State Planning Office shall administer the renewable resource research and development fund.B. Distribution of Funds. The funds collected pursuant to this Chapter shall be distributed by the State Planning Office to one or more of the following: 1. University of Maine System, the Maine Maritime Academy, and the Maine Technical College System for renewable resource research and development.2. Maine-based non-profit organizations that qualify under the federal Internal Revenue Code, Section 501(c)(3), consumer-owned electric cooperatives, community-based non-profit organizations and community action programs for demonstration community projects using renewable energy technologies.C. Grants. The funds shall be distributed to the institutions and organizations specified in subsection B through a grant proposal system developed and administered by the State Planning Office.D. Status Report. The State Planning Office shall provide annual reports to the Commission on or before May 1 of each year describing the status of the grant program, the number of grants provided, the amount of each grant, the institution to which the grant was provided, and the nature of the project for which the grant was provided. The report will be made available to any person upon request.95- 648 C.M.R. ch. 312, § 5