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131st MAINE LEGISLATURE |
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LD 416 |
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LR 1005(03) |
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An Act to
Authorize a General Fund Bond Issue for Research and Development and
Commercialization |
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Fiscal Note for
Bill as Engrossed with:
C "A" (S-669) |
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Committee: Appropriations and Financial Affairs |
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| Fiscal Note |
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| Potential current biennium cost increase - General Fund |
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| Bond Issues |
Term (years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Taxable |
10 |
$25,000,000 |
4.25% |
$5,843,750 |
$30,843,750 |
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| Referendum
Costs |
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Month/Year |
Election Type |
Question |
Length |
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Nov-24 |
General |
Bond Issue |
Standard |
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The Secretary of
State's budget includes sufficient funds to accommodate one ballot of average
length for the general election in November. If the number or size of the
referendum questions requires production and delivery of a second ballot, an
additional appropriation of $266,000 may be required. |
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