121st Maine Legislature
Office of Fiscal and Program Review
LD 1875
An Act To Authorize Department of Transportation Bond Issues in the Amount of $18,250,000 To Match Available Federal Funds for Improvements to and Development of Highways and Bridges; Airports; Ferry Vessels, Port Facilities and Marine Infrastructure; Rail Corridors and Structures; Intermodal Facilities; and Trail and Pedestrian Facilities
LR 2799(15)
Fiscal Note for House Amendment " " to Committee Amendment " "
Sponsor: Rep. McNeil
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 $31,000,000.  The transportation bond is increased by $1,000,000. 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