An Act To Authorize Department of Transportation Bond Issues in the Amount of $75,000,000 for Improvements to Highways; Bridges; Airports; State-owned Ferry Vessels; Ferry and Port Facilities; Port and Harbor Structures; Development of Rail Corridors; Improvements to Railroad Structures and Intermodal Facilities; Investment in Public Transportation Fleet and Public Park and Ride and Service Facilities; and Statewide Trail and Pedestrian Improvements
Maine Legislature, Session 121, LD 1572
Senate Amendment SA_B_S320 (Senate)

SENATE AMENDMENT" 13 .. to S.P. 531, L.D. 1572, Bill, "An Act 
To Authorize Department of Transportation Bond Issues in the 
Amount of $75,000,000 for 
Improvements 
to Highways; 
Bridges; 
Airports; State-owned Ferry Vessels; Ferry and Port Facilities; 
Port 
and 
Harbor 
Structures; 
Development 
of 
Rail 
Corridors; 
Improvements to Railroad Structures and Intermodal Facilities; 
Investment in Public Transportation Fleet and Public Park and 
Ride and Service Facilities; and Statewide Trail and Pedestrian 
Improvements" 
Amend the bill by striking out the title and substituting 
the following: 
'An Act To Authorize Bond Issues for Ratification by the Voters 
at the November 2003 Election' 
Further amend the bill by striking out everything after the 
enacting clause and before the summary and inserting in its place 
the following: 
'PART A 
Sec. A·l. Authorization of bonds. 
The Treasurer of State is 
authorized, under the direction of the Governor, to issue bonds 
in the name and on behalf of the State in an amount not exceeding 
$4,200,000 for the purposes described in section 6 of this Part. 
The bonds are a pledge of the full faith and credit of the 
State. 
The bonds may not run for a period longer than 10 years 
from the date of the original issue of the bonds. 
At the 
discretion of the Treasurer of State, with the approval of the 
Governor, any issuance of bonds may contain a call feature. 
Sec. A·2. Records of bonds issued kept by Treasurer of State. 
The 
Treasurer of State shall keep an account of each bond showing the 
number of the bond, the name of the successful bidder to whom 
sold, the amount received for the bond, the date of sale and the 
date when payable. 
Page l-LR2068.( 12) 
SENATE AMENDMENT 
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SENATE AMENDMENT .. () .. to S.P. 531, L.D. 1572 
Sec. A-3. 
Sale; how negotiated; proceeds appropriated. 
The 
Treasurer of State may 
negotiate the sale of the bonds 
by 
- direction of the Governor, but no bond may be loaned, pledged or 
hypothecated on behalf of the State. 
The proceeds of the sale of 
the bonds, which must be held by the Treasurer of State and paid 
by the Treasurer of State upon warrants drawn by the State 
Controller, are appropriated solely for the purposes set forth in 
this Part. 
Any unencumbered balances remaining at the completion 
of the project in this Part lapse to the debt service account 
established for the retirement of these bonds. 
Sec. A-4. Interest and debt retirement. 
The Treasurer of State 
shall pay interest due or accruing on any bonds issued under this 
Part and all sums coming due for payment of bonds at maturity. 
Sec. A-5. Disbursement of bond proceeds. 
The proceeds of the 
bonds 
must 
be 
expended 
as set out in this Part under 
the 
direction and 
superv~s~on of the Department of Environmental 
Protection and the Department of Human Services. 
Sec. A-6. Allocations from General Fund bond issue. 
The proceeds 
of the sale of the bonds authorized by this Part must be expended 
as designated in the following schedule. 
ENVIRONMENTAL PROTECTION, 
DEPAR'l'MEHT OF 
Loans to construct and upgrade water 
pollution control facilities matched 
by $12,500,000 in federal funds 
BIJMAN SERVICES, 
DEPARTMENT OF 
Grants and loans for public drinking 
water system improvements matched by 
$5,865,000 in federal funds 
TOTAL ALLOCATIONS 
$2,500,000 
$1, 700 ,000 
$4,200,000 
Sec. A-7. Contingent upon ratification of bond issue. 
Sections I 
to 6 of this Part do not become effective unless the people of 
the State ratify the issuance of the bonds as set forth in this 
Part. 
Sec. A-S. Appropriation balances at year-end. 
At the end of each 
fiscal year, all unencumbered appropriation balances representing 
state 
money 
carry 
forward. 
Bond 
proceeds 
that 
have 
SENATE AMENDMENT 
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SENATE AMENDMENT" 6" to S.P. 531, L.D. 1572 
not been expended within 10 years after the date of the sale of 
the bonds lapse to General Fund debt service. 
Sec. A·9. Bonds authorized but not issued. 
Any bonds authorized 
but not issued, or for which bond anticipation notes are not 
issued 
within 
years 
of 
ratification 
of 
this 
Part, 
are 
deauthorized and may not be issued, except that the Legislature 
may, within 2 years after the expiration of that 5-year period, 
extend the period for issuing any remaining unissued bonds or 
bond anticipation notes for an additional amount of time not to 
exceed 5 years. 
Sec. A·I0. Referendum for ratification; submission at statewide 
election; form of question; effective date. 
This Part must be submitted 
to the legal voters of the State at a statewide election held on 
the Tuesday following the first Monday of November 
following 
passage of this Act. 
The municipal officers of this State shall 
notify the inhabitants of their respective cities, 
towns 
and 
plantations to meet, in the manner prescribed by law for holding 
a statewide election, to vote on the acceptance or rejection of 
this Part by voting on the following question: 
"Do you favor 
a 
$4,200,000 bond issue for the following 
purposes: 
(1) 
The sum of $2,500,000 to construct and upgrade water 
pollution control facilities, providing the state match for 
$12,500,000 in federal funds; and 
(2) 
The sum of $1,700,000 to support drinking water system 
improvements that address public health threats, providing 
the state match for $5,865,000 in federal funds?" 
The legal voters of each city, town and plantation shall 
vote by ballot on this question and designate their choice by a 
cross or check mark placed within a corresponding square below 
the word "Yes" or "No." 
The ballots must be received, sorted, 
counted and declared in open ward, town and plantation meetings 
and returns made to the Secretary of State in the same manner as 
votes for members of the Legislature. 
The Governor shall review 
the returns and, if a majority of the legal votes are cast in 
favor of this Part, 
the 
Governor 
shall proclaim the 
result 
without delay, and this Part becomes effective 30 days after the 
date of the proclamation. 
The Secretary of State shall prepare and furnish to each 
city, town and plantation all ballots, returns and copies of this 
Part necessary to carry out the purposes of this referendum.' 
SENATE AMENDMENT 
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SENATE AMENDMENT" t)" to S.P. 531, L.D. 1572 
Further amend the 
nonconsecutive 
-consecutively. 
Part 
bill by relettering 
letter 
or 
section 
or renumbering any 
number 
to 
read 
SUMMARY 
This amendment strikes out all of the bill and replaces it 
with language that authorizes the issuance of bonds in the amount 
of-$4,200,000 as follows: 
1. 
The sum of $2, 500,000 to construct 
pollution control facilities, 
providing the 
$12,500,000 in federal funds; and 
and upgrade water 
state match 
for 
2. 
The sum of $1,700,000 to support drinking water system 
improvements that address public health threats, providing the 
state match for $5,865,000 in federal funds. 
SPONSORED BY: 
(Senator TURNER) 
COUNTY: 
Cumberland 
FISCAL XOTE REQClRED 
(Sec artac!ed) 
SENATE AMENDMENT 
Fiscal Detail and Notes 
Approved: 08/20103 .:1dac 
Office of Fiscal and Program Review 
LD 1572 
An Act To Authorize Bond Issues for Ratification by the Voters at the 
November 2003 Election 
LR2068(12) 
Fiscal Note for Senate Amendment '6-3!Jf) 
Sponsor: Sen. Turner 
Fiscal Note Required: Yes 
Fiscal Note 
This amendment reduces the amount of bonds authorized by $57,800,000 in the General Fund and $13,000,000 in the 
Highway Fund to a new total of $4,200,000. All transportation related bonds are eliminated. The net change is 
expressed below. 
Bond Issues 
General Fund - Non-taxable 
Highway Fund - Non-taxable 
Term(years) 
Principal 
($57,800,000) 
($13,000,000) 
Rate(%) 
4.1% 
4.1% 
LR2068(12) - Fiscal Note - Page 1 of 1 
Interest 
Total Cost 
($13,033,900) 
($70,833,900) 
($2,931,500) 
($15,931,500)