124th MAINE LEGISLATURE
LD 1826 LR 2648(13)
An Act To Authorize Bond Issues for Ratification by the Voters for the June 2010 Election
Fiscal Note for Senate Amendment "   " to Committee Amendment "A"
Sponsor: Sen. Nass of York
Fiscal Note Required: Yes
             
Fiscal Note
Bond Issues Term (years) Principal Rate (%) Interest Total Cost
General Fund - Non-Taxable 10 ($71,800,000) 4.0% ($15,796,000) ($87,596,000)
General Fund - Taxable 10 ($13,200,000) 5.0% ($3,630,000) ($16,830,000)
Fiscal Detail and Notes
This amendment modifies both the committee amendment and existing law to reduce bonds authorized by $85,000,000 and change the mix of bonds going to the voters.