121st Maine Legislature
Office of Fiscal and Program Review
LD 1572
An Act To Authorize Bond Issues in the Total Amount of $104,250,000, of Which $71,250,000 is for a Transportation Bond Issue for Transportation Improvements and $33,000,000 is for General Fund Bond Issues for Pollution Control and Clean-up, School Renovations and Improvement of Post-secondary Education Facilities
LR 2068(39)
Fiscal Note for  Senate Amendment " " to Committee Amendment "A"
Sponsor: Senator Hatch
Fiscal Note Required: Yes
   
             
Fiscal Note
Fiscal Detail and Notes
This amendment increases the amount of bonds authorized by $10,450,000 to a new total of $104,250,000.   The transportation bonds are increased by $10,450,000.  The net change is expressed below.
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $10,450,000 4.1% $2,356,475 $12,806,475