121st Maine Legislature
Office of Fiscal and Program Review
LD 1572
An Act To Authorize Bond Issues in the Total Amount of $94,800,000, of Which $61,800,000 is for a Transportation Bond Issue for Transportation Improvements and $33,000,000 is for General Fund Bond Issues for Pollution Control and Clean-up, School Renovations and Improvement of Post-secondary Education Facilities.
LR 2068(38)
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Martin
Fiscal Note Required: Yes
   
             
Fiscal Note
Fiscal Detail and Notes
This amendment increases the amount of bonds authorized by $1,000,000 to a new total of $94,800,000.  The transportation bond is increased by $1,000,000 to provide funds for development of a hangar at Loring.  The net change is expressed below.
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $1,000,000 4.1% $225,500 $1,225,500