122nd MAINE LEGISLATURE
LD 998 LR 2238(10)
An Act To Authorize Department of Transportation Bond Issues To Match Available Federal Funds for Improvements to Highways and Bridges; Airports; Public Transit; State-owned Ferry Vessels and Ferry and Port Facilities; Port and Harbor Structures; Development of Rail Corridors and Improvements to Railroad Structures; and Statewide Trail and Pedestrian Improvements
Fiscal Note for House Amendment "   " to Committee Amendment "   "
Sponsor: Rep. Twomey
Fiscal Note Required: Yes
   
             
Fiscal Note
Current biennium cost increase - General Fund
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $4,500,000 4.1% $1,014,750 $5,514,750
Fiscal Detail and Notes
This amendment increases the total General Fund bond authorizations by $4,500,000 by authorizing additional bond funds for the Department of Environmental Protection for grants to construct and upgrade water pollution control facilities.