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122nd MAINE LEGISLATURE |
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LD 998 |
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LR 2238(16) |
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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 |
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Fiscal Note for Senate Amendment " " to Committee Amendment " " |
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Sponsor: Sen. Sullivan |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Current
biennium cost increase - General Fund |
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| Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
$9,000,000 |
4.1% |
$2,029,500
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$11,029,500 |
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| Fiscal Detail
and Notes |
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This
amendment increases the General Fund bond authorization for building
renovations at campuses of the University of Maine System and the Maine
Community College System by $9,000,000 with each institution receiving an
additional $4,500,000. |
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