SP0325 LD 856 |
First Regular Session - 124th Maine Legislature H "A" to C "A", Filing Number H-104, Sponsored by SUTHERLAND
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LR 1279 Item 4 |
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Bill Tracking | Chamber Status |
Amend the amendment in section 2 in subsection 6 in the first line (page 1, line 15 in amendment) by striking out the following: "The" and inserting the following: ' The Until June 30, 2011, the'
Amend the amendment in section 2 in subsection 6 in the 3rd line (page 1, line 17 in amendment) by inserting after the following: " $300,000,000." the following: ' After June 30, 2011, the authority may not have at any one time outstanding bonds to which subsection 5 is stated in the trust agreement or other document to apply in principal amount exceeding $50,000,000.'
SUMMARY
This amendment eliminates on June 30, 2011 the increase from $50,000,000 to $300,000,000 in the authorized amount of outstanding bonds.