An Act To Authorize a General Fund Bond Issue in the Amount of $5,000,000 for the Fractionation Development Center
Maine Legislature, Session 122, LD 0149
Committee: Appropriations and Financial Affairs
Sponsors: BRYANT, PATRICK, MARTIN, HOTHAM, JODREY, MARRACHE, MILLETT, MILLS, TUTTLE

Legislative Document 
No. 149 
S.P.55 
In Senate, January 13,2005 
An Act To Authorize a General Fund Bond Issue in the Amount of 
$5,000,000 for the Fractionation Development Center 
Reference to the Committee on Appropriations and Financial Affairs suggested and ordered 
printed. 
Presented by Senator BRYANT of Oxford. 
Cosponsored by Representative PATRICK of Rumford and 
JOY J. O'BRIEN 
Secretary of the Senate 
Senator: MARTIN of Aroostook, Representatives: BRYANT of Windham, HOTHAM of 
Dixfield, JODREY of Bethel, MARRACHE of Waterville, MILLETT of Waterford, MILLS of 
Farmington, TUTTLE of Sanford. 
Printed on recycled paper 
Preamble. 
Two 
thirds of both Houses 
deeming it necessary in accordance with 
Maine, Article IX, Section 14 to authorize 
on behalf of the State of Maine to provide 
this Act, 
of 
the Legislature 
the Constitution of 
the issuance of bonds 
funds as described in 
Be it enacted by the People of the State of Maine as follows: 
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 
$5,000,000 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 per iod longer than 10 years 
from 
the date of 
the original 
issue of 
the 
bonds. 
At 
the 
discretion of the Treasurer of State, wi th 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. 
Treasurer 
A-3. 
of 
Sale; 
State 
how 
may 
negotiated; proceeds 
negotiate 
the 
sale 
appropriated. 
of 
the 
bonds 
The 
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-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 
Community Development. 
Sec. A-6. Allocations from General Fund bond issue. 
of the sale of the bonds authorized under this 
expended as designated in the following schedule. 
Page l-LR0874(1) 
Economic 
and 
The proceeds 
Part must be 
DEPARTMENT OF ECOBCMIC ARD CatMURITY DEVELOPMKMT 
Provides funds for the Fractionation 
Development Center for equipment 
purchases for the pyrolysis/gasification 
pilot platforms and for the chemical/mechanical 
fractionation route or the acid hydrolysis 
fractionation route and for facility 
renovations. 
$5,000,000 
Sec. A-7. Contingent upon ratification of bond issue. 
Sections 1 
to 
do not become effective unless the people of the State 
ratify the issuance of the bonds as set forth in this Part. 
Sec. A-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. 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 
deauthor ized 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. 
a 
Sec. A-tO. Referendum for ratification: submission at statewide 
election: form of question: effective date. 
This Part must be submittecl 
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 state,,,ide election, to vote on the acceptance or rejection of 
this Part by voting on the following question: 
"Do you favor a $5, 000, 000 bond issue for the Fractionation 
Development Center for the purchase of equipment necessary 
for 
the 
initiation 
of 
the 
pyrolysis/gasification 
pilot 
platforms 
and 
for 
the 
chemical/mechanical 
fractionation 
route or the acid hydrolysis fractionation route and for 
facility renovations?" 
The legal 
vote by ballot 
cross or check 
voters of each city, 
town and plantation shall 
on this question and designate their choice by a 
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. 
PART B 
Sec. 
B·l. 
Appropriations 
and 
allocations. 
The 
following 
appropriations and allocations are made. 
ECONOMIC AND C~ITY DEVELOPMENT, 
DEPARTMENT OF 
Office of Innovation 
Initiative: 
Provides 
funds 
for 
Fractionation Development 
Center 
in 
fiscal year 2006-07. 
GENERAL FUND 
All Other 
GENERAL FUND TOTAL 
SUMMARY 
the 
operation 
of 
fiscal 
year 
2005-06 
the 
ancl 
2005-06 
$310,000 
$310,000 
2006-07 
$620,000 
$620,000 
The funds provided by this bond issue. in the amount of 
$5,000,000, will be used for the Fractionation Development Center 
to purchase the equipment necessary for the initiation of the 
pyrolysis/gasification 
pilot 
platforms 
and 
for 
the 
chemical/mechanical fractionation route or the acid hydrolysis 
fractionation route and for facility renovations. 
This bill also provides funds 
Fractionation 
Development 
Center 
fiscal year 2006-07. 
for the operating costs of the 
in fiscal 
year 
2005-06 
and