PUBLIC LAWS OF MAINE
First Special Session of the 118th

CHAPTER 469
H.P. 184 - L.D. 237

An Act to Increase the Funding for School Construction

Be it enacted by the People of the State of Maine as follows:

     Sec. 1. 20-A MRSA §15602, sub-§11 is enacted to read:

     11. State share of debt service costs for school construction. It is the intent of the Legislature that the state share of the school construction debt service costs, as biennially established by the Legislature pursuant to the debt service limits authorized in section 15905, must be supported by General Fund appropriations beginning in fiscal year 1999-2000.

     Sec. 2. 20-A MRSA §15905, sub-§1, ķA, as amended by PL 1995, c. 632, §1, is repealed and the following enacted in its place:

A. The state board may approve projects as long as no project approval will cause debt service costs, as defined in section 15603, subsection 8, paragraph A, to exceed the maximum limits specified in Table 1 in subsequent fiscal years.

Table 1

Fiscal year	Maximum Debt Service Limit
1990	$ 48,000,000
1991	$ 57,000,000
1992	$ 65,000,000
1993	$ 67,000,000
1994	$ 67,000,000
1995	$ 67,000,000
1996	$ 67,000,000
1997	$ 67,000,000
1998	$ 67,000,000
1999	$ 69,000,000
2000	$ 72,000,000
2001	$ 74,000,000

Effective September 19, 1997, unless otherwise indicated.

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