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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1572 |
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An Act
To Authorize Bond Issues in the Total Amount of $97,300,000, of Which
$60,800,000 is for a Transportation Bond Issue for Transportation
Improvements and $36,500,000 is for General Fund Bond Issues for Pollution
Control and Clean-up, School Renovations and Improvement of Post-secondary
Education Facilities |
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LR 2068(26) |
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Fiscal Note for
Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Senator Martin |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Fiscal Detail
and Notes |
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This amendment
increases the amount of bonds authorized by $3,500,000 to a new total of
$97,300,000. The water pollution
control grants bonds are increased by $3,500,000. The net change is expressed below. |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
$3,500,000 |
4.1% |
$789,250 |
$4,289,250 |
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