LD 232 LR 739(03)
An Act to Amend the Laws Governing Bonding Restrictions for School Administrative Units
Fiscal Note for Bill as Engrossed with:
C "A" (H-365)
Committee: Education and Cultural Affairs
Fiscal Note
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.