| 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(17) | |||||||
| Fiscal Note for House Amendment " " to Committee Amendment " " | |||||||
| Sponsor: Rep. Rector | |||||||
| 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 | ||