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130th MAINE LEGISLATURE |
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LD 1692 |
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LR 2068(01) |
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An Act To Improve
Judicial Branch Facilities in Hancock County |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Luchini of Hancock |
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Committee: Judiciary |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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| Current biennium cost increase - General Fund |
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| Fiscal Detail
and Notes |
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This bill expands
the purposes for which bonds related to the judicial branch may be issued to
now include acquiring and improving property relating to the judicial branch
in Hancock County. Although the overall cap of judicial branch bonds
outstanding at any one time remains at $95,600,000, expanding the projects
eligible to be bonded may create additional future debt service costs to the
General Fund that would not have been incurred absent this bill. No estimate
of future cost can be made until a specific bond project becomes known. |
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