‘An Act To Authorize a General Fund Bond Issue To Invest in Transportation Infrastructure To Meet the Needs of the Business Sector and To Create Jobs’
SP0282 LD 894 |
Second Regular Session - 125th Maine Legislature C "A", Filing Number S-568, Sponsored by
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LR 1524 Item 2 |
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Bill Tracking, Additional Documents | Chamber Status |
Amend the bill by striking out the title and substituting the following:
‘An Act To Authorize a General Fund Bond Issue To Invest in Transportation Infrastructure To Meet the Needs of the Business Sector and To Create Jobs’
Amend the bill in section 1 in the 3rd line (page 1, line 8 in L.D.) by striking out the following: "$62,000,000" and inserting the following: '$51,500,000'
Amend the bill by striking out all of section 5 and inserting the following:
‘Sec. 5. Disbursement of bond proceeds from General Fund bond issue. The proceeds of the sale of the bonds authorized under this Act must be expended as designated in the following schedule under the direction and supervision of the agencies and entities set forth in this section.
TRANSPORTATION, DEPARTMENT OF |
Total | $36,000,000 |
Total | $5,000,000 |
Total | $300,000 |
Total | $3,000,000 |
Total | $2,000,000 |
Total | $1,000,000 |
Total | $1,500,000 |
Total | $1,500,000 |
Total | $1,200,000 |
Amend the bill in section 10 by striking out all of the question (page 2, lines 24 to 27 in L.D.) and inserting the following:
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"Do you favor a $51,500,000 bond issue for improvements to highways and bridges, local roads, airports and port facilities, as well as for funds for rail access, transit buses and the LifeFlight Foundation, which will make the State eligible for at least $105,600,000 in federal and other matching funds?"
’Summary
This amendment reduces the total authorization for the issuance of bonds for transportation infrastructure from $62,000,000 to $51,500,000 and specifies amounts authorized for highways and bridges, the Urban-Rural Initiative Program, the LifeFlight Foundation, the port operation at Mack Point, transit buses, the Industrial Rail Access Program, the port at Eastport and aviation facilities.