An Act To Authorize a General Fund Bond Issue for Food Processing Infrastructure in Rural Areas of the State
Maine Legislature, Session 127, LD 0996
Committee Amendment CA_A_H677 (House)

COMMITTEE AMENDMENT "A" to H.P. 691, L.D. 996, Bill, "An Act To 
Authorize a General Fund Bond Issue for Food Processing Infrastructure in Rural Areas 
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 Food Processing, Storage and 
Distribution Infrastructure in Central and Northern Maine' 
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. 
FINANCE AUTHORITY OF MAINE 
Provides funds for food processing, storage and distribution infrastructure in central 
and northern Maine in order to strengthen rural economic development and increase 
access to locally processed meat, poultry, fish and produce. 
Total 
$5,000,000 
Amend the bill in section 9 by striking out all of the question (page 2, lines 17 and 18 
in L.D.) and inserting the following: 
"'Do you favor a $5,000,000 bond issue for food processing, storage and 
distribution infrastructure in central and northern Maine in order to 
strengthen rural economic development and increase access to locally 
processed meat, poultry, fish and produce?"' 
Amend the bill by inserting after section 9 the following: 
COMMITTEE AMENDMENT 
"' 
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COMMITTEE AMENDMENT"A"to H.P. 691, L.D. 996 
'Sec. 10. Contingent transfer for additional ballot. If the number or length 
of referendum questions to be submitted to the voters at the general election in November 
2016 requires the production and delivery of more than a single ballot by the Secretary of 
State, the State Controller by August 1, 2016 shall transfer from the unappropriated 
surplus of the General Fund to the Department of the Secretary of State, Bureau of 
Administrative Services and Corporations program, General Fund account, $107,500 for 
each ballot in addition to the initial ballot required by the Secretary of State, unless the 
Secretary of State has already received a transfer of funds for that additional ballot.' 
SUMl\ilARY 
This amendment expands the use of the bond issue proceeds to include food storage 
and distribution infrastructure, specifies that it is for infrastructure in central and northern 
Maine and changes the administering agency to the Finance Authority of Maine. This 
amendment also provides for a transfer to the Secretary of State if the number or length of 
the referendum questions to be submitted to the voters at the general election in 
November 2016 requires the Secretary of State to produce and distribute more than one 
ballot to accommodate those questions. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 04/14/16 
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LD 996' 
LR 1768(02) 
An Act To Authorize a General Fund Bond Issue for Food Processing Infrastructure in Rural Areas of 
the State 
Fiscal Note for Bill as Amended by Committee Amendment '~' ( ft -&, 17) 
Committee: Appropriations and Financial Affairs 
Bond Issues 
General Fund - Taxable 
Fiscal Note Required: Yes 
Fiscal Note 
Current biennium cost increase - General Fund 
Term (years) 
Principal 
$5,000,000 
Rate(%) 
4.5% 
Interest 
$1,237,500 
Total Cost 
$6,237,500 
Referendum Costs 
Month/Year 
Election Type 
Question 
Length 
Nov-16 
General 
Bond Issue 
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 of a second 
ballot, an additional appropriation of $107 ,250 may be required. 
LRl 768(02) - Fiscal Note - Page 1 of 1