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128th MAINE LEGISLATURE |
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LD 905 |
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LR 861(03) |
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An Act To
Authorize the Construction of a Maine Turnpike Connector to Gorham |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-61) |
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Committee: Transportation |
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| Fiscal Note |
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Potential current biennium cost increase - Maine Turnpike
Authority
Potential current biennium revenue increase - Maine Turnpike Authority |
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| Fiscal Detail
and Notes |
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This bill
requires the Maine Turnpike Authority (MTA) to construct a connector from
South Gorham to an interchange on the Maine Turnpike after completing an
evaluation of reasonable alternatives.
The MTA would incur costs to plan, design and construct this
project. The bill allows the MTA to
issue bonds in an amount not to exceed $150,000,000 for these costs. The bonds would be paid off from tolls
levied by the MTA. |
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