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_N_S421 (Senate)

SENATE 
AMENDMENT 
" If" 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: 
'$21, 000,000' 
Further amend the amendment in Part D in section 5 in the 
4th line (page 11, line 8 in amendment) by inserting after the 
following: "Development," the following 'the Finance Authority of 
Maine, , 
Further amend the amendment in Part D in section 6 under the 
caption 
"DEPARTMENT 
OF 
ECOI.'fCKIC 
AIm 
C<»IMDRITY 
DEVELOPMENT" 
by 
inserting at the end the following: 
'Provides funds for recapitalization of the 
Economic Recovery Loan Program in 
anticipation of $4,600,000 in federal 
and private funds.' 
$1,000,000 
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 
$21,000,000 bond issue to stimulate 
economic growth and job creation through investments in the 
Maine economy in anticipation of approximately $48,000,000 
in federal 
and private 
funds 
for 
medical 
research 
and 
development; 
marine 
research 
and 
development; 
recapitalization of 
the 
Economic 
Recovery 
Loan 
Program; 
Page l-LR2238(4) 
SENATE AMENDMENT 
.. '0. 
... 
SENATE AMENDMENT 
" If. to COMMITTEE 
AMENDMENT 
"A" to S . P . 
L.D. 998 
338, 
equi ty investments in small Maine companies with potential 
for high growth; 
the New 
Century Community 
Program for 
capi tal 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; and 
the development of the Sunrise Business and Career Center in 
the Town of Jonesboro?" , 
Further amend the amendment in Part E in section 1 in the 
4th line (page 14, line 4 in amendment) 
by striking out the 
following: "$9,000,000" and inserting in its place the following: 
'$16,000,000' 
Further amend the amendment in Part E in section 6 in the 
5th line (page 14, line 44 in amendment) by striking out the 
following: "$2,000,000" and inserting in its place the following: 
'$7,000,000' 
Further amend the amendment in Part E in section 6 in the 
next to the last line (page 15, line 8 in amendment) by striking 
out the following: "$5,000,000" and inserting in its place the 
following: '$7,000,000' 
Further amend the amendment in Part E in section 10 in the 
question in the first line (page 15, line 40 in amendment) by 
striking out the following: 
"$9,000,000" and inserting in its 
place the following: '$16,000,000' 
SUMMARY 
This amendment adds $1, 000,000 of bond proposals to Part D 
to provide funds for recapitalization of the Economic Recovery 
Loan Program in anticipation of $4,600,000 in federal and private 
funds. 
This amendment also amends Part E to add $5,000,000 of 
bond 
proposals 
to 
be 
used 
for 
building 
renovations 
on 
the 
campuses of the University of Maine System and $2,000,000 to be 
used for building renovations at community college campuses. 
COUNTY: 
Penobscot 
SENATE AMENDMENT 
Approved: 07 128/05 ~aC!. 
LD998 
LR2238(04) 
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 "Nto Committee Amendment 'A" 
~ond Issues 
General Fund - Non-taxable 
General Fund - Taxable 
Fiscal Detail and Notes 
Sponsor: Sen. Schneider 
Fiscal Note Required: Yes 
Fiscal Note 
Current biennium cost increase - General Fund 
Term(years) 
Principal 
$7,000,000 
$1,000,000 
$8,000,000 
Rate (%) 
4.1% 
5.3% 
Interest 
$1,578,500 
$291,500 
$1,870,000 
Total Cost 
$8,578,500 
$1,291,500 
$9,870,000 
This amendment increases the total General Fund bond authorizations by $8,000,000 by authorizing an additional 
$5,000,000 for building renovations at the University of Maine System, $2,000,000 for building renovations at the 
Maine Community College System and $1,000,000 to the Finance Authority of Maine for recapitalization of the 
Economic Recovery Loan Program. 
LR2238(4) - Fiscal Note - Page 1 of I