An Act To Authorize a General Fund Bond Issue for Educational Opportunities for Underserved Regions of the State
Maine Legislature, Session 125, LD 0874
Committee Amendment CA_A_S574 (Senate)

COMMITTEE AMENDMENT" A" to S.P. 278, L.D. 874, Bill, "An Act To 
Authorize a General Fund Bond Issue for Educational Opportunities for Underserved 
Regions of the State" 
Amend the bill by striking out the title and substituting the following: 
'An Act To Authorize a General Fund Bond Issue for Higher Education' 
Amend the bill in section 1 in the 3rd line (page 1, line 8 in L.D.) by striking out the 
following: "$27,100,000" and inserting the following: '$11,300,000' 
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. 
UNIVERSITY OF MAINE SYSTEM 
University of Maine System 
Provides funds for a freestanding biosafety level 3 laboratory, including an animal 
diagnostic laboratory and a plant diagnostic and insect identification laboratory. 
Total 
$7,800,000 
MAINE COMMUNITY COLLEGE 
SYSTEM 
Maine Community College System 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT" A "to S.P. 278, L.D. 874 
Provides funds to expand necessary capital infrastructure improvements and 
equipment including at least $1,000,000 to be used for machine tool technology. 
Total 
$3,000,000 
MAINE MARITIME ACADEMY 
Maine Maritime Academy 
Provides funds to expand necessary capital infrastructure improvements and 
equipment. 
Total 
$500,000 
Amend the bill in section 9 by striking out all of the question (page 5, lines 14 to 17 
in L.D.) and inserting the following: 
I "Do you favor an $11,300,000 bond issue to provide funds for capital to 
build a diagnostic facility for the University of Maine System; for capital 
improvements and equipment, including machine tool technology, for the 
Maine Community College System; and for capital improvements and 
equipment at the Maine Maritime Academy?" I 
SUMMARY 
This amenci..'llent is the majority report. It reduces from $27,100,000 to $11,300,000 
the amount of the General Fund bond issue authorized by this Act and specifies that the 
bond proceeds be used to build a diagnostic facility for the University of Maine System 
and for capital improvements and equipment for the Maine Community College System 
and the Maine Maritime Academy. 
FrSCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 05/03112 frac-
LD 874 
LR 1617(02) 
An Act To Authorize a General Fund Bond Issue for Educational Opportunities for Underserved 
Regions of the State 
Bond Issues 
Fiscal Note for Bill as Amended by Committee Amendment "A" S ... 5'1~ 
Committee: Appropriations and Financial Affairs 
Fiscal Note Required: Yes 
Fiscal Note 
Current biennium cost increase - General Fund 
General Fund - Non-Taxable 
Term (years) 
Principal 
$11,300,000 
Rate (%) 
4.5% 
Interest 
$2,796,750 
Total Cost 
$14,096,750 
Referendum Costs 
MonthlY ear 
Election Type 
Question 
Nov-12 
General 
Bond Issue 
Length 
Standard 
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 ofa second 
ballot, an additional appropriation of $1 07,250 may be required. 
LR1617(02) - Fiscal Note - Page 1 of 1