An Act To Authorize a General Fund Bond Issue To Invest in Highway and Bridge Infrastructure To Meet the Needs of the Business Sector and To Create Jobs
Maine Legislature, Session 125, LD 0894
Committee Amendment CA_A_S568 (Senate)

COMMITTEE AMENDMENT "A " to S.P. 282, L.D. 894, Bill, "An Act To 
Authorize a General Fund Bond Issue To Invest in Highway and Bridge Infrastructure To 
Meet the Needs of the Business Sector and To Create Jobs" 
Amend the bill by striking out the title and substituting the following: 
'An Act To Authorize a General Fund Bond Issue To Invest in Transportation 
Infrastructure To Meet the Needs of the Business Sector and To Create Jobs' 
Amend the bill in section 1 in the 3rd line (page 1, line 8 in L.D.) by striking out the 
following: "$62,000,000" and inserting the following: '$51,500,000' 
Amend the bill by striking out all of section 5 and inserting the following: 
'Sec. 5. Disbursement of bond proceeds from General Fund bond issue. 
The proceeds of the sale of the bonds authorized under this Act must be expended as 
designated in the following schedule under the direction and supervision of the agencies 
and entities set forth in this section. 
TRANSPORTATION, DEPARTMENT 
OF 
Provides funds to repair and reconstruct highways and bridges that are considered to 
be vital to the expansion of business interests by the business and economic 
development sector and essential to public safety, which will make the State eligible 
for at least $72,000,000 in federal matching funds. 
Total 
$36,000,000 
Provides funds to the Urban-Rural Initiative Program. 
Total 
$5,000,000 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT" A" to S.P. 282, L.D. 894 
Provides funds to the LifeFlight Foundation for weather observation stations and for 
helipads in rural communities with a history of high use or in remote locations to 
improve safety and access to emergency medical services to be matched by at least 
$300,000 in funding from local government sources. 
Total 
$300,000 
Provides funds for dredging the established commercial channel at Searsport, which 
serves the existing port operation at Mack Point, and potential port development on 
Sears Island, which will make the State eligible for at least $10,000,000 in federal 
matching funds. 
Total 
$3,000,000 
Provides funds for material handling equipment for the port at Mack Point to be 
matched by at least $2,000,000 from private sources. 
Total 
$2,000,000 
Provides funds for transit buses, which will make the State eligible for at least 
$9,000,000 in federal matching funds. 
Total 
$1,000,000 
Provides funds for the Industrial Rail Access Program to be matched by at least 
$1,500,000 from private sources. 
Total 
$1,500,000 
Provides funds for warehousing facilities at the port at Eastport. 
Total 
$1,500,000 
Provides funds for aviation facilities, which will make the State eligible for at least 
$10,800,000 in federal matching funds. 
Total 
$1,200,000 
Amend the bill in section 10 by striking out all of the question (page 2, lines 24 to 27 
in L.D.) and inserting the following: 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT" A" to S.P. 282, L.D. 894 
"'Do you favor a $51,500,000 bond issue for improvements to highways 
and bridges, local roads, airports and port facilities, as well as for funds 
for rail access, transit buses and the LifeFlight Foundation, which will 
make the State eligible for at least $105,600,000 in federal and other 
matching funds?'" 
S~y 
This amendment reduces the total authorization for the issuance of bonds for 
transportation infrastructure from $62,000,000 to $51,500,000 and specifies amounts 
authorized for highways and bridges, the Urban-Rural Initiative Program, the LifeFlight 
Foundation, the port operation at Mack Point, transit buses, the Industrial Rail Access 
Program, the port at Eastport and aviation facilities. 
FISCA.L :\OTE REQUIRED 
!~ee attached) 
COMMITTEE AMENDMENT 
• 
Approved: 05/03/12 
~c=. 
LD894 
LR 1524(02) 
An Act To Authorize a General Fund Bond Issue To Invest in Transportation Infrastructure To Meet 
the Needs of the Business Sector and To Create Jobs 
Fiscal Note for Bill as Amended by Committee Amendment" A" S - 5JD~ 
Committee: Appropriations and Financial Affairs 
Bond Issues 
General Fund - Non-Taxable 
General Fund - Taxable 
Total 
Fiscal Note Required: Yes 
Fiscal Note 
Current biennium cost increase - General Fund 
Term (years) 
Principal 
$48,000,000 
$3,500,000 
$51,500,000 
Rate (%) 
4.5% 
5.0% 
Interest 
$11,880,000 
$962,500 
$12,842,500 
Referendum Costs 
MonthNear 
Election Type 
Question 
Length 
Nov-12 
General 
Bond Issue 
Standard 
Total Cost 
$59,880,000 
$4,462,500 
$64,342,500 
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general 
election in November. If the number or size of the referendum questions requires production and delivery of a second 
ballot, an additional appropriation of $1 07,250 may be required. 
LR1524(02) - Fiscal Note - Page 1 of 1