| 122nd MAINE LEGISLATURE | |||||||||
| LD 998 | LR 2238(15) | ||||||||
| An Act To Authorize Department of Transportation Bond Issues To Match Available Federal Funds for Improvements to Highways and Bridges; Airports; Public Transit; State-owned Ferry Vessels and Ferry and Port Facilities; Port and Harbor Structures; Development of Rail Corridors and Improvements to Railroad Structures; and Statewide Trail and Pedestrian Improvements | |||||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment " " | |||||||||
| Sponsor: Sen. Sullivan | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Current biennium cost increase - General Fund | |||||||||
| Bond Issues | Term(years) | Principal | Rate (%) | Interest | Total Cost | ||||
| General Fund - Non-taxable | 10 | $11,000,000 | 5.3% | $3,206,500 | $14,206,500 | ||||
| Fiscal Detail and Notes | |||||||||
| This amendment increases the total General Fund bond authorizations by a total of $11,000,000 by authorizing an additional $9,000,000 for preserving the working waterfront and an additional $2,000,000 for the Farms For the Future Program. | |||||||||