LD 232 LR 739(01)
An Act to Amend the Laws Governing Bonding Restrictions for School Administrative Units
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Roberts of South Berwick
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Extended bond term - local school administrative units
Fiscal Detail and Notes
Extending the period of time that school administrative districts and regional school units may issue a bond from 25 years to 30 years may result in increased costs to local school districts and regional school units.