Provides education loan repayment incentives $1,000,000

to retain and recruit skilled workers in Maine.

Provides funds for Recapitalization of the $3,000,000

Economic Recovery Loan Program.

EDUCATION, DEPARTMENT OF

Provides funds for the development of the $1,000,000

Sunrise Business and Career Center in the

Town of Jonesboro.

MAINE STATE HOUSING AUTHORITY

$1,000,000

matching federal funds, for family and elderly

housing options for Native American tribes

through the Four Directions Development Corporation.

Provides funds for the development of $4,000,000

affordable workforce housing and

downtown housing and for weatherization and

home repair in anticipation of an additional

$9,000,000 in other public and private funding.

Sec. A-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 Part.

Sec. A-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. A-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 Part, 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.

Sec. A-10. Referendum for ratification; submission at statewide election; form of question; effective date. This Part must be submitted to the legal