| 124th MAINE LEGISLATURE | ||||||
| LD 1826 | LR 2648(13) | |||||
| An Act To Authorize Bond Issues for Ratification by the Voters for the June 2010 Election | ||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment "A" | ||||||
| Sponsor: Sen. Nass of York | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| Bond Issues | Term (years) | Principal | Rate (%) | Interest | Total Cost | |
| General Fund - Non-Taxable | 10 | ($71,800,000) | 4.0% | ($15,796,000) | ($87,596,000) | |
| General Fund - Taxable | 10 | ($13,200,000) | 5.0% | ($3,630,000) | ($16,830,000) | |
| Fiscal Detail and Notes | ||||||
| This amendment modifies both the committee amendment and existing law to reduce bonds authorized by $85,000,000 and change the mix of bonds going to the voters. | ||||||