An Act To Authorize Bond Issues in the Total Amount of $88,200,000, of Which $62,500,000 is for a Transportation Bond Issue for Transportation Improvements and $25,700,000 is for General Fund Bond Issues for Pollution Control and Clean-up, School Renovations, Improvement of Post-secondary Education Facilities and Emergency Medical Aviation Services. LR2068(04)
Maine Legislature, Session 121, LD 1572
Committee Amendment CA_B_S318 (Senate)

COMMITTEE AMENDMENT "/3,, 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 Intermoda1 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 
in the 
Total 
Amount 
of 
$88,200,000, of Which $62,500,000 Is for a Transportation Bond 
Issue for Transportation Improvements and $25,700,000 for General 
Fund 
Bond 
Issues for Pollution Control 
and Cleanup, 
School 
Renovations, 
Improvement of Postsecondary Education Facilities 
and Emergency Medical Aviation Services' 
Further amend the bill by striking out everything after the 
ti tIe and before the summary and inserting in its place the 
following: 
'Preamble. 
Two thirds of both Houses of the Legislature 
deeming it necessary in accordance with the Constitution of 
Maine, Article IX, Section 14 to authorize the issuance of bonds 
on behalf of the State of Maine to provide funds as described in 
this Act, 
Be it enacted by the People of the State of Maine as follows: 
Page l-LR2068(4) 
COMMITTEE AMENDMENT 
.... 
COMMITTEE AMENDMENT ,,8" to S.P. 531, L.D. 1572 
PART A 
Sec. A-I. 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 
$62,500,000 to raise funds to match available federal funds 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. 
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-S. Disbursement of bond proceeds. 
The proceeds of the 
bonds 
must 
be 
expended as set out in this Part under 
the 
direction and supervision of the Department of Transportation. 
Sec. A-6. Allocations from Highway Fund and General Fund bond 
issues. 
The proceeds of the sale of the bonds authorized under 
this Part must 
be 
expended 
as 
designated in the 
following 
schedule. 
TRARSPORTATI<B, DEPAR7MENT OF 
Hiqhway Fund 
COMM/rrEE AMENDMENT 
~~" 
COMMITTEE AMENDMENT "5" to S.P. 531, L.D. 1572 
Highway and Bridge Improvements 
Highway Fund Total 
General Fund 
Airport Improvements 
Highway and Bridge Improvements 
Port and Ferry Improvements 
Rail Improvements 
Trail Improvements 
Transit and Park and Ride Improvements 
General Fund Total 
$13,000,000 
$13,000,000 
$3,600,000 
31,000,000 
4,550,000 
8,050,000 
1,100,000 
1, 200,000 
$49,500,000 
Sec. A-7. Contingent upon ratification of bond issue. 
Sections 1 
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 not been 
expended within 10 years after the date of the sale of the bonds 
lapse to General Fund or Highway 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-tO. 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 $62,500,000 bond issue for improvements to 
highways and bridges, airports, state-owned ferry vessels 
and 
ferry 
and 
port 
facilities 
and 
port 
and 
harbor 
structures; development of rail corridors and improvements 
COMMITTEE AMENDMENT 
.~ 
~. 
COMM:ITTEE AMENDMENT "e" to S.P. 531, L.D. 1572 
to railroad structures and intermodal facilities; investment 
in the statewide public transportation fleet and public park 
and ride and service facilities; and statewide trail and 
pedestrian improvements that makes the State eligible for 
$214,000,000 in matching 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 wi thin 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. 
PARTB 
Sec. B·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 
$4,200,000 for the purposes described in section 6 of this Part. 
The bonds are a pledge of the full faith and credit of the 
State. 
The bonds may not run for a period longer than 10 years 
from the date of the original issue of the bonds. 
At the 
discretion of the Treasurer of State, with the approval of the 
Governor, any issuance of bonds may contain a call feature. 
Sec. B·2. Records of bonds issued kept by Treasurer of State. 
The 
Treasurer 
of 
State 
shall 
keep 
an 
account 
of 
each 
bond 
showing the number of the bond, the name of the successful bidder 
to whom sold, the amount received for the bond, the date of sale 
and the date when payable. 
Sec. B·3. 
Sale; how negotiated; proceeds appropriated. 
The 
Treasurer of State may negotiate the sale of the bonds 
by 
direction of the Governor, but no bond may be loaned, pledged or 
hypothecated on behalf of the State. 
The proceeds of the sale of 
the bonds, which must be held by the Treasurer of State and paid 
by the Treasurer of State upon warrants drawn by the State 
Controller, are appropriated solely for the purposes set forth in 
this Part. 
Any unencumbered balances remaining at the completion 
COMMITTEE AMENDMENT 
~~':$ 
COMMITTEE AMENDMENT .. E .. to S.P. 531, L.D. 1572 
of the project in this Part lapse to the debt service account 
established for the retirement of these bonds. 
Sec. B-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. B-S. 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. B-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 PRO'rECTIOH, 
DEPARTMENT OF 
Loans to construct and upgrade water 
pollution control facilities matched 
by $12,500,000 in federal funds 
BlJMAIil SERVICES, 
DEPARTMENT OF 
Grants and loans for public drinking 
water system improvements matched by 
$5,865,000 in federal funds 
'lU.rAL ALLOCATIOlfS 
$2,500,000 
$1,700,000 
$4,200,000 
Sec. B-7. Contingent upon ratification of bond issue. 
Sections 1 
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. B-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 not been 
expended within 10 years after the date of the sale of the bonds 
lapse to General Fund debt service. 
Sec. B-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 
COMMITTEE AMENDMENT 
~.,. 
COMMITTEE AMENDMENT "B" to S.P. 531, L.D. 1572 
bond anticipation notes for an additional amount of time not to 
exceed 5 years. 
Sec. B-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 wi thin 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. 
PARTC 
Sec. C-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 
$17,500,000 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 
COMM/rrEE AMENDMENT 
COMMITTEE AMENDMENT "/3,, to S.P. 531, L.D. 1572 
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. C-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. 
Sec. C-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. C-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. C-S. Disbursement of bond proceeds. 
The proceeds of the 
bonds 
must 
be 
expended as 
set out in this Part under 
the 
direction and supervision of the University of Maine System, the 
Maine Community College System, the Maine Maritime Academy and 
the Maine State Library. 
Sec. C-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. 
UNIVERSITY OF MAIRE SYSTEM 
Improve and expand the facilities and 
classrooms at the University of Maine 
Lewiston-Auburn campus 
MAINE CC»tMmIITY COLLEGE SYSTEM 
Make repairs, upgrades and other 
facility improvements, enhance access 
to facilities for students with 
disabilities and update classroom 
equipment at all community college 
campuses 
$2,000,000 
$13,000,000 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT "!),, to S.P. 531, L.D. 1572 
MAINE MARITIME ACADEMY 
Repair and replace classroom and 
other facilities at the Maine 
$1,000,000 
Maritime Academy 
MAINE STATE LIBRARY 
Grants to construct and renovate 
public libraries and to improve 
community access to electronic 
resources 
Total Allocations 
$1,500,000 
$17,500,000 
Sec. C-7. Contingent upon ratification of bond issue. 
Sections 1 
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. C-8. 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 not been 
expended within 10 years after the date of the sale of the bonds 
lapse to General Fund debt service. 
Sec. C-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. C-IO. 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 $17,500,000 bond issue to make repairs, 
upgrades and other facility improvements and enhance access 
for 
students 
with 
disabilities 
and 
upgrade 
classroom 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT "B" to S.P. 531, L.D. 1572 
equipment at various campuses of the University of Maine 
System, the Maine Community College System and the Maine 
Maritime Academy and to provide grants to construct and 
renovate public libraries and to improve community access to 
electronic resources?" 
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. 
PARTD 
Sec. D-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 
$4,000,000 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. D-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. 
Sec. D-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 
COMMITTEE AMENDMENT 
t.'. 
W; 
COMMITTEE AMENDMENT "~,, to S.P. 531, L.D. 1572 
of the project in this Part lapse to the debt service account 
established for the retirement of these bonds. 
Sec. D-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. D-5. Disbursement of bond proceeds. 
The proceeds of the 
bonds 
must 
be 
expended as set out in this Part under 
the 
direction and supervision of the Department of Public Safety. 
Sec. D-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. 
PUBLIC SAFETY, DEPAR'l"MENT OF 
Provide funds to expand the 
air-medical response system 
throughout Maine 
$4,000,000 
Sec. D-7. Contingent upon ratification of bond issue. 
Sections 1 
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. D-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 not been 
expended within 10 years after the date of the sale of the bonds 
lapse to General Fund debt service. 
Sec. D-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. D-IO. 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 
COMMITTEE AMENDMENT 
.,~ .. ". 
COMMITTEE AMENDMENT ",£" to S.P. 531, L.D. 1572 
a statewide election, to vote on the acceptance or rejection of 
this Part by voting on the following question: 
"Do 
you 
favor 
a 
$4,000,000 
bond 
issue 
to 
expand 
the 
statewide air-medical response system through construction 
of 
hospital 
helipads, 
building 
additional 
refueling 
facilities, 
upgrading navigational 
systems 
and 
acquiring 
training equipment to improve access to health care that 
provides $4,000,000 in private matching 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 wi thin 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.' 
SUMMARY 
This amendment is the minority report of the committee. 
It 
replaces 
the bill and authorizes 
a 
total transportation and 
General Fund bond issue in the amount of $88,200,000 for the 
following purposes: 
1. 
Part A authorizes the amount of $62,500,000 to be used 
for highways and bridges, airports, state-owned ferry vessels and 
ferry 
and 
port facilities 
and 
port 
and 
harbor 
structures; 
development 
of 
rail 
corridors 
and 
improvements 
to 
railroad 
structures and intermodal facilities; investment in the statewide 
public transportation fleet and public park and ride and service 
facilities; and statewide trail and pedestrian improvements; 
2. 
Part B authorizes the amount of $4,200,000 as follows: 
A. 
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 
COMMITTEE AMENDMENT 
\\~6'· 
COMMITTEE AMENDMENT .. p)" to S. P . 531, L. D. 1572 
B. 
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; 
3. 
Part C authorizes the amount of $17,500,000 as follows: 
A. 
The 
facilities 
sum 
of 
and 
$2,000,000 
classrooms 
to 
at 
improve 
and 
expand 
the 
the 
University 
of 
Maine 
Lewiston-Auburn campus; 
B. 
The sum of $13,000,000 to make repairs, upgrades and 
other facility improvements, 
enhance access to facilities 
for 
students 
with 
disabilities 
and 
update 
classroom 
equipment at all community college campuses; 
C. 
The sum of $1, 000,000 to repair and replace classroom 
and other facilities at the Maine Maritime Academy; and 
D. 
The sum of $1,500,000 to construct and renovate public 
libraries and to 
improve 
community access to electronic 
resources; and 
4. 
Part D authorizes the amount of $4,000,000 to be used to 
expand 
the 
statewide 
air-medical 
response 
system 
through 
construction of hospital helipads, building additional refueling 
facilities, upgrading navigational systems and acquiring training 
equipment to improve access to health care that raises $4,000,000 
in private matching funds. 
FISCAL ~OTE RF,Qi IltLu 
(~~~ach~d) 
COMMITTEE AMENDMENT 
, 
Approved: 08/19/03 ~ac:.. 
Office of Fiscal and Program Review 
LD 1572 
An Act To Authorize Bond Issues in the Total Amount of $88,200,000, of 
Which $62,500,000 is for a Transportation Bond Issue for 
Transportation Improvements and $25,700,000 is for General Fund 
Bond Issues for Pollution Control and Clean-up, School Renovations, 
Improvement of Post-secondary Education Facilities and Emergency 
Medical Aviation Services. 
LR2068(04) 
Fiscal Note for Bill As Amended by Committee Amendment ''.8' 
Committee: Appropriations and Financial Mfairs 
Fiscal Note Required: Yes 
Minority Report 
Fiscal Note 
Current biennium cost increase - General Fund 
Bond Issues (part A,B &C) 
Term(years) 
Principal 
Rate (0/0) 
Interest 
Total Cost 
A 
Highway Fund - Non-taxable 
$13,000,000 
4.1% 
$2,931,500 
$15,931,500 
A 
General Fund - Non-taxable 
$49,500,000 
4.1% 
$11,162,250 
$60,662,250 
B 
General Fund - Non-taxable 
$4,200,000 
4.1% 
$947,100 
$5,147,100 
C 
General Fund - Non-taxable 
$17,500,000 
4.1% 
$3,946,250 
$21,446,250 
D 
General Fund - Non-taxable 
$4,000,000 
4.1% 
$902,000 
$4,902,000 
$88,200,000 
$19,889,100 
$108,089,100 
Referendum Costs 
MonthlY ear 
Election Type 
Question 
Length 
Nov-03 
General 
Bond Issue 
Standard 
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 increases the ballot length, an additional 
appropriation of $8,000 or more may be required. 
LR2068(4) - Fiscal Note - PaQe 1 of 1