| SP0508 LD 1378 |
Session - 127th Maine Legislature C "A", Filing Number S-247, Sponsored by
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LR 1053 Item 2 |
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| Bill Tracking, Additional Documents | Chamber Status | ||
Amend the bill by striking out all of sections 4 and 5 and inserting the following:
‘Sec. 4. Application. This Act applies to all general obligation bonds ratified by the legal voters of this State but not yet issued as of the effective date of this Act and all general obligation bonds ratified by the legal voters of this State on or after the effective date of this Act.’
SUMMARY
This amendment is the majority report of the committee. It removes the 2 sections of the bill that require the issuance of specific general obligation bonds and instead states that the bill applies to all general obligation bonds ratified by the voters but as yet unissued as well as all future general obligation bonds ratified by the voters.