An Act To Authorize Department of Transportation Bond Issues To Match Available Federal Funds for Improvements to Highways and Bridges; Airports; Public Transit; State-owned Ferry Vessels and Ferry and Port Facilities; Port and Harbor Structures; Development of Rail Corridors and Improvements to Railroad Structures; and Statewide Trail and Pedestrian Improvements
Maine Legislature, Session 122, LD 0998
Committee Amendment CA_A-SA_R_S425 (Senate)

SENATE 
AMENDMENT "R" to COMMITTEE 
AMENDMENT 
"A" to S . P • 
338, 
L.D. 
998, 
Bill, 
"An 
Act 
To 
Authorize 
Department 
of 
Transportation Bond Issues To Match Available Federal Funds for 
Improvements to Highways and Bridges; Airports; Public Transit; 
State-owned Ferry Vessels and Ferry and Port Facilities; Port and 
Harbor Structures; Development of Rail Corridors and Improvements 
to 
Railroad 
Structures; 
and 
Statewide 
Trail 
and 
Pedestrian 
Improvements" 
Amend the amendment in Part D in section 1 in the 4th line 
(page 10, line 27 in amendment) by striking out the following: 
"$20,000,000" 
and 
inserting 
in 
its 
place 
the 
following: 
'$24,000,000' 
Further amend the amendment in Part D by striking out all of 
sections 5 and 6 and inserting in their place the following: 
'Sec. D-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 Education, the 
Department of Economic and Community Development, 
the Finance 
Authority of Maine, the Maine State Cultural Affairs Council, the 
Small Enterprise Growth Board, the University of Maine and the 
University of Maine System. 
Sec. D-6. Allocations from General Fund bond issue. 
The proceeds 
of the sale of the bonds authorized under this Part must be 
expended as designated in the following schedule. 
DEP.AR'IMEN'7 OF ECOIfCK(C AND 
CatMIlHITr DEVELOPMElIT 
Page l-LR2238(27) 
SENATE AMENDMENT 
,'0. 
~. 
SENATE AMENDMENT "R." to COMMITTEE AMENDMENT "A" to S.P. 338, 
L.D. 998 
Provides funds for the Maine Biomedical 
Research Fund to support capital 
infrastructure and equipment in 
anticipation of approximately 
$36,000,000 in federal and private 
funds. 
Eligible institutions 
are those delineated in the Maine Revised 
Statutes, Title 5, section 13103. 
Provides funds for the Marine Infrastructure 
and Technology Fund administered by the Maine 
Technology Institute to match $4,000,000 in 
federal and private funding for competitive 
capital infrastructure grants to nonprofit 
marine research laboratories, institutions and 
state governmental and quasi-governmental agencies. 
Eight hundred fifty thousand dollars is set aside 
to purchase the property known as Black Duck Cove on 
Great Wass Island to serve as the home of the 
Downeast Institute for Applied Marine Research 
and Education. 
If the institute receives $1,000,000 
or more from the Federal Government for this 
purpose, then the funds set aside are to be 
awarded as competitive grants. 
Provides funds to applied technology development 
centers to be competitively awarded. 
SMALL ElITERPRISE GROImI BOARD 
Provides funds for the Small Enterprise 
Growth Fund to make equity investments 
in small Maine companies with the potential 
for high growth to leverage funds of at least 
$1, 000,000. 
FIBARCE AurBORITY OF MAIRE 
Provides funds for the recapitalization 
of the Economic Recovery Loan Fund 
administered by the Finance Authority of 
Maine. 
MAIRE STATE CULTURAL AFFAIRS COORCIL 
Provides funds for the New Century Community 
Program in anticipation of $3,000,000 in 
matching funds to invest in capital improvements 
improving cultural assets, including 
libraries, museums, historical buildings, 
theaters and arts facilities. 
$4,000,000 
$4,000,000 
$2,000,000 
$2,000,000 
$1, 000, 000 
$1,000,000 
SENATE AMENDMENT 
'.,~ 
SENATE AMENDMENT "f<" to COMMITTEE 
AMENDMENT 
"A" to S . P . 
338, 
L.D. 998 
DEPAB7MEN".r OF EDUCATIOH 
Provides funds for the development of the 
Sunrise Business and Career Center in the 
Town of Jonesboro. 
UlUV'ERSIT!' OF MAIRE 
Provides funds for the Laboratory for 
Surface Science Technology. 
Provides funds to renovate Camden Hall on the 
University of Maine Bangor campus for a 
graduate school for biomedical science. 
URIVERSIT!' OF MAIRE 
Provides funds for the career center 
facility at the University of Southern 
Maine's Lewiston-Auburn College. 
Funds will be used for capital costs 
and equipment for the center. 
Provides funds to furnish and outfit the 
bioscience building at the University of 
Southern Maine with laboratories and equipment.' 
$1,000,000 
$4,000,000 
$1,000,000 
$2,000,000 
$2,000,000 
Further amend the amendment in Part D in section 10 by 
striking out all of the question (page 13, lines 15 to 29 in 
amendment) and inserting in its place the following: 
"'Do 
you 
favor 
a 
$24,000,000 
bond 
issue 
to 
stimulate 
economic growth and job creation through investments in the 
Maine economy in anticipation of approximately $44,000,000 
in federal 
and private 
funds 
for 
medical 
research 
and 
development; 
marine 
research 
and 
development; 
applied 
technology development centers; equity investments in small 
Maine companies with potential for high growth; the New 
Century 
Community 
Program 
for 
capital 
improvements 
to 
cultural resources; the renovation of Camden Hall on the 
University of Maine Bangor campus for a graduate school for 
biomedical science; the development of the Laboratory for 
Surface Science Technology; capital costs and equipment for 
the career center facility at the University of Southern 
Maine's 
Lewiston-Auburn 
College; 
the 
development of 
the 
Sunrise Business and Career Center in the Town of Jonesboro; 
recapitalization of the Economic Recovery Loan Fund; 
and 
laboratories and equipment at the bioscience building at the 
University of Southern Maine?'" 
SENATE AMENDMENT 
~." 
SENATE 
AMENDMENT 
"~,, to COMMITTEE 
AMENDMENT 
"A" to S . P . 
338, 
L.D. 998 
SUMMARY 
This amendment makes the following changes to the economic 
development portions in Part D of Committee Amendment "A" and 
increases the total bond package for that Part to $24,000,000. 
1. 
It reduces from $8, 000,000 to $4,000,000 the amount for 
the Maine Biomedical Research Fund. 
2. 
It adds $2,000,000 under the Department of Economic and 
Community Development to applied technology development centers 
to be competitively awarded. 
3. 
It increases from $1,000,000 to $2,000,000 the amount 
under the Small Enterprise Growth Board. 
4. 
It adds $1,000,000 for the Finance Authority of Maine's 
Economic Recovery Loan Fund. 
5. 
It increases funding for the Laboratory for Surface 
Science Technology from $2,000,000 to $4,000,000. 
6. 
It 
adds 
$2,000,000 
for 
the 
bioscience 
building 
laboratory and equipment at the University of Southern Maine. 
SPONSORE 
(Senat 
COUNTY: 
FlSC.-\L :\OTE REQuIRED 
(See attached) 
SENATE AMENDMENT 
Approved: 07/29/05 hac:.. 
LD998 
LR2238(27) 
An Act To Authorize Department of Transportation Bond Issues To Match Available Federal Funds 
for Improvements to Highways and Bridges; Airports; Public Transit; State-owned Ferry Vessels and 
Ferry and Port Facilities; Port and Harbor Structures; Development of Rail Corridors and 
Improvements to Railroad Structures; and Statewide Trail and Pedestrian Improvements 
Fiscal Note for Senate Amendment ,,~, to Committee Amendment "A" 
Bond Issues 
General Fund - Non-taxable 
General Fund - Taxable 
Fiscal Detail and Notes 
Sponsor: Sen. Bromley 
Fiscal Note Required: Yes 
Fiscal Note 
Current biennium cost increase - General Fund 
Term(years) 
Principal 
$2,000,000 
$2,000,000 
$4,000,000 
Rate (%) 
4.1% 
5.3% 
Interest 
$451,000 
$583,000 
$1,034,000 
Total Cost 
$2,451,000 
$2,583,000 
$5,034,000 
This amendment increases the total General Fund bond authorizations by $4,000,000 by authorizing additional bond 
funds for economic development. 
LR2238(27) - Fiscal Note - Page I of 1