An Act To Authorize Department of Transportation Bond Issues in the Amount of $18,250,000 To Match Available Federal Funds for Improvements to and Development of Highways and Bridges; Airports; Ferry Vessels, Port Facilities and Marine Infrastructure; Rail Corridors and Structures; Intermodal Facilities; and Trail and Pedestrian Facilities LR2799(18)
Maine Legislature, Session 121, LD 1875
Committee Amendment CA_B-HA_E_H975 (House)

HOUSE AMENDMENT "£'.' to COMMITTEE AMENDMENT "B" to S.P. 723, 
L.D. 
1875, 
Bill, 
"An 
Act 
To 
Authorize 
Department 
of 
Transportation Bond Issues in the Amount of $18,250,000 To Match 
Available Federal Funds for Improvements to and Development of 
Highways and Bridges; Airports; Ferry Vessels, Port Facilities 
and 
Marine 
Infrastructure; 
Rail 
Corridors 
and 
Structures; 
Intermodal Facilities; and Trail and Pedestrian Facilities" 
Amend the amendment in Part B in section 1 in the 4th line 
(page 3, line 44 in amendment) by striking out the following: 
"$3,000,000" 
and 
inserting 
in 
its 
place 
the 
following: 
'$3,500,000' 
Further amend the amendment in Part B in section 5 in the 
4th line (page 4, line 25 in amendment) by inserting after the 
following: 
"Development," the following: 
'the Small Enterprise 
Growth Board,' 
Further 
amend the 
amendment in Part B in section 6 
by 
inserting after that part relating to 
"ECOHC»IIC AND 
COMMDHITY 
DEVELOPMENT, 
DEPARTMEJr.I' OF" 
and before that part relating to 
"MAINE STATE CULTURAL AFFAIRS COOlfCIL" the following: 
'SMALL ENTERPRISE GRDWm BOARD 
Provide funds 
for the Small Enterprise 
Growth Fund to make equity investments in 
small companies in the State with the 
potential for 
high growth 
and public 
benefit •. 
$500,000 
Further amend the amendment in Part B in section 6 in the 
last line (page 5, line 15 in amendment) by striking out the 
Page l-LR2799(18) 
HOUSE AMENDMENT 
~ 
~~ 
HOUSE AMENDMENT "6 to COMMITTEE AMENDMENT "B" to S.P. 723, L.D. 
1875 
following: 
following: 
"$3,000,000" 
'$3,500,000' 
and 
inserting 
in 
its 
place 
the 
Further amend the amendment in Part B section 10 in the 
question in the first line (page 5, line 47 in amendment) by 
striking out the following: 
"$3,000,000" and inserting in its 
place the following: 
'$3,500,000' 
Further amend the amendment in Part B in section 10 in the 
question in the 3rd line (page 5, 
line 49 in amendment) 
by 
inserting after the following: 
"development;" the following: 
'equity investments in small Maine companies;' 
Further amend the amendment in Part B in section 10 in the 
question by inserting after the first numbered paragraph the 
following: 
'(2) 
The 
sum of $500,000 for the Small 
Growth 
Fund 
for 
equity 
investments 
in 
companies with potential for high growth;' 
Enterprise 
small 
Maine 
Further amend the amendment in Part B in section 10 in the 
question 
by 
renumbering 
the 
numbered 
paragraphs 
to 
read 
consecutively. 
This 
amendment 
amount of $500,000 
equi ty inves tments 
high growth. 
SUMMAllY 
authorizes the 
issuance of bonds in 
for the Small Enterprise Growth Fund 
in small Maine companies with potential 
FISCAL NOTE REQUIRED 
(See attached) 
SPONSORED BY: C 
W' 
(Representativ 
RECTOR) 
TOWN: 
Thomaston 
HOUSE AMENDMENT 
the 
for 
for 
Fiscal Detail and Notes 
Approved: 04/28/04 frae 
Office of Fiscal and Program Review 
LD 1875 
An Act To Authorize Department of Transportation Bond Issues in the 
Amount of $18,250,000 To Match Available Federal Funds for 
Improvements to and Development of Highways and Bridges; Airports; 
Ferry Vessels, Port Facilities and Marine Infrastructure; Rail Corridors 
and Structures; Intermodal Facilities; and Trail and Pedestrian Facilities 
LR2799(18) 
Fiscal Note for House Amendment" " to Committee Amendment" " 
Sponsor: Rep. Rector 
Fiscal Note Required: Yes 
Fiscal Note 
This amendment increases the amount of bonds authorized by $ 500,000 to a new total of $30,500,000. The economic 
bond is increased by $500,000. The net change is expressed below. 
Bond Issues 
General Fund - Non-taxable 
Term (years) 
Principal 
$500,000 
Rate (%) 
4.1% 
Interest 
$112,750 
Total Cost 
$612,750