121st Maine Legislature
Office of Fiscal and Program Review
LD 1572
An Act To Authorize Bond Issues in the Total Amount of $97,300,000, of Which $60,800,000 is for a Transportation Bond Issue for Transportation Improvements and $36,500,000 is for General Fund Bond Issues for Pollution Control and Clean-up, School Renovations and Improvement of Post-secondary Education Facilities
LR 2068(26)
Fiscal Note for  Senate Amendment " " to Committee Amendment "A"
Sponsor: Senator Martin
Fiscal Note Required: Yes
   
             
Fiscal Note
Fiscal Detail and Notes
This amendment increases the amount of bonds authorized by $3,500,000 to a new total of $97,300,000.   The water pollution control grants bonds are increased by $3,500,000.  The net change is expressed below.
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $3,500,000 4.1% $789,250 $4,289,250