An Act To Authorize Bond Issues for Ratification by the Voters for the June and November 2007 Elections I
Maine Legislature, Session 123, LD 1796
Committee Amendment CA_A-SA_B_S28 (Senate)

SENATE AMENDMENT" B" to COMMITTEE AMENDMENT "A" to S.P. 640, 
L.D. 1796, Bill, "An Act To Authorize Bond Issues for Ratification by the Voters for the 
June and November 2007 Elections" 
I 
Amend the amendment in Part D by striking out all of section 6 and inserting the 
following: 
I3 
'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. 
DEPARTMENT OF ECONOMIC 
AND COMMUNITY 
DEVELOPMENT 
Maine Technology Institute 
Provides funds for research, development 
and commercialization as prioritized by 
the Office of Innovation's 2005 Science 
and Technology Action Plan for Maine. 
The funds must be allocated to 
biotechnology, aquaculture and marine 
technology, composite materials 
technology, environmental technology, 
advanced technologies for forestry and 
agriculture, information technology and 
precision manufacturing technology 
through a competitive process, and must 
be awarded to Maine-based public and 
private entities to leverage matching 
funds on at least a one-to-one basis. 
SENATE AMENDMENT 
$35,000,000 
SENA TE AMENDMENT" g " 
to COMMITTEE AMENDMENT" A" to S.P. 640, L.D. 1796 
Maine Biomedical Research Program 
Provides funds for biomedical research 
pursuant to the Maine Revised Statutes, 
Title 5, section 13 103. 
FINANCE AUTHORITY OF MAINE 
Economic Recovery Loan Program 
Regional Economic Development 
Revolving Loan Program 
Agricultural Marketing Loan Fund 
MAINE RURAL DEVELOPMENT 
AUTHORITY 
Maine Rural Development Authority 
$15,000,000 
$1,500,000 
$1,000,000 
$1,000,000 
$1,500,000 
Amend the amendment in Part 0 in section 10 by striking out all of the question and 
inserting the following: 
'''Do you favor a bond issue to stimulate economic development and job 
creation that would provide $5,000,000 in loans and grant funds, would 
provide $15,000,000 in biomedical research funds and would provide 
$35,000,000 in research, development and commercialization funds for 
targeted technology sectors, awarded after a competitive process 
administered by the Maine Technology Institute, and will leverage at 
least $50,000,000 in other funds?'" 
SUMMARY 
This amendment decreases the funding for research and development earmarked for 
the Maine Technology Institute by $15,000,000 and adds the same amount of funding for 
biomedical research under the Maine Biomedical Research Program pursuant to the 
Maine Revised Statutes, Title 5, section 13103. The total amount of the proposed bond 
for the Department of Economic and Community Development remains unchanged at 
$50,000,000. fl 
4l 
SPONSORED BY: ~ 
~ 
(Senator DAMON) 
COUNTY: Hancock 
SENATE AMENDMENT 
Approved: 04/04/07 
~ac:.. 
LD 1796 
LR2S94(08) 
An Act To Authorize Bond Issues for Ratification by the Voters for the June and November 2007 
Elections 
Fiscal Note for Senate Amendment" B" to Committee Amendment "A" 
Sponsor: Sen. Damon of Hancock 
Fiscal Note Required: Yes 
Fiscal Note 
No net fiscal impact 
Fiscal Detail and Notes 
This amendment decreases the funding for research and development designated for the Maine Technology Institute 
by $15,000,000 and adds the same amount of funding for biomedical research under the Maine Biomedical Research 
Program. 
LR2594(08) - Fiscal Note - Page I of 1