LD 1876
pg. 2
Page 1 of 4 An Act To Authorize a General Fund Bond Issue in the Amount of $16,600,000 To C... Page 3 of 4
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LR 2796
Item 1

 
ENVIRONMENTAL PROTECTION,

 
DEPARTMENT OF

 
Grants to construct and upgrade water$11,000,000

 
pollution control facilities matched by

 
$12,500,000

 
Funds to abate, clean up and remediate2,100,000

 
threats to public health and the

 
environment from uncontrolled hazardous

 
substance sites, landfills and municipal

 
brownfields.

 
Grants to assist urban municipalities in500,000

 
complying with new federal stormwater

 
regulations.

 
HUMAN SERVICES,

 
DEPARTMENT OF

 
Grants and low-interest loans to construct2,000,000

 
and upgrade public water systems matched

 
by $10,000,000 in federal funds.

 
MAINE STATE HOUSING

 
AUTHORITY

 
Funds to remediate lead paint in low-income1,000,000

 
households.

 
__________

 
TOTAL ALLOCATIONS$16,600,000

 
Sec. 7. Contingent upon ratification of bond issue. Sections 1 to 6 do not
become effective unless the people of the State ratify the
issuance of the bonds as set forth in this Act.

 
Sec. 8. Appropriation balances at year-end. At the end of each fiscal
year, all unencumbered appropriation balances representing state
money carry forward. Bond proceeds that have not been expended
within 10 years after the date of the sale of the bonds lapse to
General Fund debt service.

 
Sec. 9. Bonds authorized but not issued. Any bonds authorized but not
issued, or for which bond anticipation notes are not issued
within 5 years of ratification of this Act, are deauthorized and
may not be issued, except that the Legislature may, within 2
years after the expiration of that 5-year period, extend the
period for issuing any remaining unissued bonds or bond
anticipation notes for an additional amount of time not to exceed
5 years.


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