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_L_S419 (Senate)

SENATE 
AMENDMENT 
" J,..." 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 by inserting after Part F the following: 
'PARTG 
Sec. G-l. 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 
$1,000,000 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 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. G-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. G-3. 
Sale; how negotiated; proceeds appropriated. 
The 
Treasurer of State may 
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 Part. 
Any unencumbered balances remaining at the completion 
Page l-LR2238(18) 
SENATE AMENDMENT 
SENATE AMENDMENT 
,,~. to COMMITTEE 
AMENDMENT "A" to S . P . 
338, 
L.D. 998 
of the project in this Part lapse to the debt service account 
established for the retirement of these bonds. 
Sec. G-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. G-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 Health and Human 
Services. 
Sec. G-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. 
DEPAR7MEBT OF HEALTH AND BlJMAR SERVICES 
Provides funds for hospice facility 
$1, 000,000 
construction. 
Sec. G-7. Contingent upon ratification of bond issue. 
Sections 1 
to 6 do not become effective unless the people of the State 
ratify the issuance of the bonds as set forth in this Part. 
Sec. G-S. Appropriation balances at year-end. 
A t 
the end 
f 
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. G-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 
deauthorized 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. 
Sec. G-IO. Referendum for ratification; submission at statewide 
election; form of question; effective date. 
This Part 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 Part by voting on the following question: 
SENATE AMENDMENT 
, 
I 
SENATE AMENDMENT "J,..." to COMMITTEE 
AMENDMENT 
"A" to S.P. 338, 
L.D. 998 
"Do you favor a $1,000,000 bond issue for hospice facility 
construction?" 
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 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.' 
Further amend the amendment by 
any 
nonconsecutive 
Part 
letter 
or 
consecutively. 
relettering or renumbering 
section 
number 
to 
read 
SUMMARY 
This amendment adds a new Part to authorize a bond issue in 
the amount of $1,000,000 for hospice facility construction. 
SPONSORED BY: 
(Senator 
COUNTY: 
FISC,\ L ~ () TF. HE Q L IRED 
(See attached) 
SENATE AMENDMENT 
Approved: 07 128/05 ~ac::.. 
LD998 
LR2238(18) 
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 
Fiscal Detail and Notes 
Sponsor: Sen. Diamond 
Fiscal Note Required: Yes 
Fiscal Note 
Current biennium cost increase - General Fund 
Term(years) 
Principal 
$1,000,000 
Rate (%) 
4.1% 
Interest 
$225,500 
Total Cost 
$1,225,500 
This amendment increases the total General Fund bond authorizations by $1,000,000 by authorizing additional bond 
funds for the Department of Health and Human Services for hospice facility construction. 
LR2238(18) - Fiscal Note - Page 1 of 1