LD 115
pg. 4
Page 3 of 4 An Act to Authorize a General Fund Bond Issue to Enable Low- income and Moderat... LD 115 Title Page
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LR 231
Item 1

 
The Secretary of State shall prepare and furnish to each
city, town and plantation all ballots, returns and copies of
this Part necessary to carry out the purposes of this
referendum.

 
SUMMARY

 
This bill establishes the Energy Conservation Grant and Loan
Program for low-income and moderate-income households to
purchase and install energy conservation improvements. The
Maine State Housing Authority will operate the program in
consultation with the Finance Authority of Maine. The program
will be funded by an $8,000,000 bond issue. The law creating
the program takes effect upon voter approval of the referendum
required under Part B of this bill.


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