LD 1482
pg. 2
Page 1 of 3 An Act To Provide for the 2005 and 2006 Allocations of the State Ceiling on Pri... Page 3 of 3
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LR 2138
Item 1

 
2. No portion of the state ceiling for calendar year 2005 was
previously allocated to the Finance Authority of Maine to be used
in accordance with the Maine Revised Statutes, Title 10, section
363, subsection 8-A. Forty million dollars of the state ceiling
for calendar year 2005 is allocated to the Finance Authority of
Maine, the entity designated pursuant to Title 20-A, section
11407, to use in accordance with Title 10, section 363,
subsection 8-A. No portion of the state ceiling for calendar
year 2006 is allocated to the Finance Authority of Maine, the
entity designated pursuant to Title 20-A, section 11407, to be
used in accordance with Title 10, section 363, subsection 8-A.

 
Sec. 3. Allocation to Maine Municipal Bond Bank. The $10,000,000 of the
state ceiling for calendar year 2005 previously allocated to the
Maine Municipal Bond Bank remains allocated to the Maine
Municipal Bond Bank to be used or reallocated in accordance with
the Maine Revised Statutes, Title 10, section 363, subsection 7
for calendar year 2005. Ten million dollars of the state ceiling
for calendar year 2006 is allocated to the Maine Municipal Bond
Bank to be used or reallocated in accordance with Title 10,
section 363, subsection 7.

 
Sec. 4. Allocation to Maine Educational Loan Authority. The $10,000,000 of
the state ceiling for calendar year 2005 previously allocated to
the Maine Educational Loan Authority remains allocated to the
Maine Educational Loan Authority to be used in accordance with
the Maine Revised Statutes, Title 10, section 363, subsection 8.
An additional $10,000,000 of the state ceiling for calendar year
2005 is allocated to the Maine Educational Loan Authority to be
used in accordance with Title 10, section 163, subsection 8. No
portion of the state ceiling for calendar year 2006 is allocated
to the Maine Educational Loan Authority.

 
Sec. 5. Allocation to Maine State Housing Authority. The $40,000,000 of the
state ceiling for calendar year 2005 previously allocated to the
Maine State Housing Authority remains allocated to the Maine
State Housing Authority to be used or reallocated in accordance
with the Maine Revised Statutes, Title 10, section 363,
subsection 4 for calendar year 2005. Forty million dollars of
the state ceiling for calendar year 2006 is allocated to the
Maine State Housing Authority to be used or reallocated in
accordance with Title 10, section 363, subsection 4.

 
Sec. 6. Unallocated state ceiling. Of the state ceiling for calendar
year 2005, $94,180,000 is unallocated and must be reserved for
future allocation in accordance with applicable laws. Of the
state ceiling for calendar year 2006, $154,180,000


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