An Act To Authorize Department of Transportation Bond Issues in the Amount of $62,500,000 for Improvements to Highways, Bridges, Airports, State-owned Ferry Vessels, Ferry and Port Facilities, and Port and Harbor Structures, Developnent of Rail Corridors, Improvements to Railroad Structures and Intermoclal Facilities; Investment in Public Transportation Fleet and Public Park and Ride and Service Facilities; and Statewide Trail and Pedestrian Improvements Further amend the amendment by striking everything after the substi tute title and before the summary· and inserting in its place the following: Further amend the bill by striking everything after the title 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,
Maine Legislature, Session 121, LD 1572
Committee Amendment CA_A-HA_B_H610 (House)

HOUSE AMENDMENT "E" to COMMITTEE AMENDMENT "A" 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 amendment by striking out the substitute title and 
replacing it with the following: 
'An Act To Authorize Department of Transportation Bond Issues in 
the Amount of $62,500,000 for Improvements to Highways, Bridges, 
Airports, State-owned Ferry Vessels, Ferry and Port Facilities, 
and Port and Harbor Structures, Developnent of Rail Corridors, 
Improvements to Railroad Structures and Intermoclal Facilities; 
Investment in Public Transportation Fleet and Public Park and 
Ride and Service Facilities; and Statewide Trail and Pedestrian 
Improvements' 
Further amend the amendment by striking everything after the 
substi tute title and before the summary· and inserting in its 
place the following: 
'Further amend the bill by striking everything after the 
title 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(8) 
HOUSE AMENDMENT 
,r-'.: 
~ 
... < 
oj' 
~ . 
.~ 
tE 
HOUSE AMENDMENT .,£" to COMMITTEE AMENDMENT "A" to S.P. 531, L.D. 
1572 
Sec. 1. 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 Act. 
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. 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. 3. 
Sale; how negotiated; proceeds appropriated. 
The 
Treasurer of State 
~ay 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 Act. 
Any unencumbered balances remaining at the completion 
of the project in this Act lapse to the debt service account 
established for the retirement of these bonds. 
Sec. 4. Interest and debt retirement. 
The Treasurer of State 
shall pay interest due or accruing on any bonds issued under this 
Act and all sums coming due for payment of bonds at maturity. 
Sec. 5. Disbursement of bond proceeds. 
The proceeds of the 
bonds must be expended as set out in this Act under the direction 
and supervision of the Department of Transportation and the 
Department of Public Safety. 
Sec. 6. Allocations from Highway Fund and General Fund bond 
issues. 
The proceeds of the sale of the bonds authorized under 
this Act must be expended as designated in the following schedule. 
TRARSPORTATICIf, DEPARnmltT OF 
Highway Fund 
Highway and Bridge Improvements 
$13,000,000 
Highway Fund Total 
$13,000,000 
HOUSE AMENDMENT 
C,$ 
~ 
"£""':; 
~ 
.. 
HOUSE AMENDMENT .. b .. to COMMITTEE AMENDMENT "A" to S.P. 531, L.D. 
1572 
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 
$3,600,000 
31,000,000 
4,550,000 
8,050,000 
1, 100, 000 
1, 200 ,000 
$49,500,000 
Sec. 7. Contingent upon ratification of bond issue. 
Sections 1 to 
of this Act do not become effective unless the people of the 
State ratify the issuance of the bonds as set forth in this Act. 
Sec. 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 or Highway Fund debt service. 
Sec. 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 
Act, 
are 
deauthorized and may not be issued, except that the Legislature 
may, wi thin 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. 10. 
Referendum for ratification; submission at statewide 
election; form of question; effective date. 
This Act 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 Act by voting on the following question: 
"Do you favor a $62,500,000 bond issue for improvements to 
highways and bridges, airports, state-owned ferry vessels 
and 
ferry 
and 
port 
facilities 
and 
port 
and 
harbor 
structures; development of rail corridors and improvements 
to railroad structures and intermodal facilities; investment 
in the statewide public transportation fleet and public park 
and ride and service facilities; and statewide trail and 
HOUSE AMENDMENT 
C'w$ 
~ 
~ 
HOUSE AMENDMENT ~" to COMMITTEE AMENDMENT "A" to S.P. 531, L.D. 
1572 
pedestrian improvements that makes the State eligible for up 
to $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 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 Act, the Governor shall proclaim the result without 
delay, and this Act 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 
Act necessary to carry out the purposes of this referendum.' , 
SUMMARY 
This amendment authorizes a transportation bond issue in 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 
struc~ures and intermodal facilities; 
investment in the 
statewide public 
transportation fleet 
and 
public park and ride and service facilities; and statewide trail 
and pedestrian improvements. 
SPONSORED BY, f<) ~~{r;l4 
(Representative McKENNEY) 
~ 
TOWN: 
Cumberland 
FISCAL :\011-: RE(Jll RED 
(See attached) 
HOUSE AMENDMENT 
Fiscal Detail and Notes 
Approved: 08/20/03 ;:tk?ae 
Office of Fiscal and Program Review 
LD 1572 
An Act To Authorize Department of Transportation Bond Issues in the 
Amount of $62,500,000 for Improvements to Highways, Bridges, 
Airports, State-owned Ferry Vessels, Ferry and Port Facilities and 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 
LR2068(08) 
Fiscal Note for House Amendment" " to Committee Amendment" A" 
Sponsor: Rep. McKenney 
Fiscal Note Required: Yes 
Fiscal Note 
This amendment reduces the amount of bonds authorized by $31,300,000 to a new total of $62,500,000. All non-
transportation bonds are eliminated and the transportation bonds are increased by $1,700,000. The net change is 
expressed below. 
Bond Issues 
General Fund - Non-taxable 
Term(years) 
Principal 
($31,300,000) 
Rate(%) 
4.1% 
LR2068(8) - Fiscal Note - Page 1 of 1 
Interest 
Total Cost 
($7,058,150) 
($38,358,150)