reglab/housing_qa huggingface dataset:
23 ME Rev Stat § 1007 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 7: SNOW REMOVAL|23 §1007. Roads kept open by State; expense deducted from moneys due town

 §1007. Roads kept open by State; expense deducted from moneys due town When any town, in the judgment of the Department of Transportation, unreasonably fails to either raise, appropriate or pay the cost of snow removal, or without cause fails to keep open any state or state aid highway as required in section 1001 or 1003, the department shall cause the highway to be kept open at the expense of the State. The Treasurer of State may withhold a sufficient amount from any funds due or to become due the town, to cover the payment in whole of the expense of the snow removal, and the amount collected shall be added to the State Highway Maintenance Account.   [PL 1981, c. 492, Pt. C, §17 (RPR).]SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1981, c. 492, §C17 (RPR).
23 ME Rev Stat § 1008 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 7: SNOW REMOVAL|23 §1008. Failure of town to pay share of snow removal (REPEALED)

 §1008. Failure of town to pay share of snow removal (REPEALED)SECTION HISTORY PL 1981, c. 492, §C18 (RP).
23 ME Rev Stat § 1009 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 7: SNOW REMOVAL|23 §1009. Towns not reimbursed in compact or built-up sections (REPEALED)

 §1009. Towns not reimbursed in compact or built-up sections (REPEALED)SECTION HISTORY PL 1981, c. 492, §C18 (RP).
23 ME Rev Stat § 1010 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 7: SNOW REMOVAL|23 §1010. Rental price for snow removal equipment; reimbursement

 §1010. Rental price for snow removal equipment; reimbursement The department each season shall make a rental price per hour for all snow removal motor equipment which shall be approved by it as being adequate and economical for this work. All contracts with the towns, either by the mile or otherwise, shall be subject to the approval of the department. Reimbursement on this work shall be made for use of motor driven equipment only.   [PL 1971, c. 593, §22 (AMD).]SECTION HISTORY PL 1971, c. 593, §22 (AMD).
23 ME Rev Stat § 1011 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 7: SNOW REMOVAL|23 §1011. Ways acceptable for snow removal (REPEALED)

 §1011. Ways acceptable for snow removal (REPEALED)SECTION HISTORY PL 1981, c. 492, §C18 (RP).
23 ME Rev Stat § 1012 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 7: SNOW REMOVAL|23 §1012. Towns not relieved from obligations relating to snow blockade

 §1012. Towns not relieved from obligations relating to snow blockade No town in which a state or state aid highway lies shall be relieved from any obligations of statute relating to ways blocked or encumbered with snow, anything to the contrary in chapters 1 to 19 notwithstanding.
23 ME Rev Stat § 1051 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 8: INDIAN ISLAND AND TOWNSHIP|23 §1051. Part of state highway system (REPEALED)

 §1051. Part of state highway system (REPEALED)SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1973, c. 277, §1 (AMD). PL 1975, c. 613, §1 (AMD). PL 1979, c. 732, §§19,31 (RP).
23 ME Rev Stat § 1052 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 8: INDIAN ISLAND AND TOWNSHIP|23 §1052. Maintenance of roads and bridges (REPEALED)

 §1052. Maintenance of roads and bridges (REPEALED)SECTION HISTORY PL 1979, c. 732, §§19,31 (RP).
23 ME Rev Stat § 1053 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 8: INDIAN ISLAND AND TOWNSHIP|23 §1053. Fund available (REPEALED)

 §1053. Fund available (REPEALED)SECTION HISTORY PL 1979, c. 732, §§19,31 (RP).
23 ME Rev Stat § 1101 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1101. Appropriations by towns (REPEALED)

 §1101. Appropriations by towns (REPEALED)SECTION HISTORY PL 1967, c. 438, §2 (AMD). PL 1967, c. 544, §114 (AMD). P&SL 1975, c. 78, §21 (AMD). PL 1975, c. 620, §3 (AMD). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1102 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1102. Apportionment to each town (REPEALED)

 §1102. Apportionment to each town (REPEALED)SECTION HISTORY PL 1967, c. 438, §3 (AMD). PL 1971, c. 593, §22 (AMD). P&SL 1975, c. 78, §21 (AMD). PL 1975, c. 620, §§4,4-A (AMD). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1103 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1103. Increase in aid (REPEALED)

 §1103. Increase in aid (REPEALED)SECTION HISTORY PL 1969, c. 492 (AMD). PL 1971, c. 593, §22 (AMD). PL 1973, c. 581, §§1,3 (AMD). PL 1973, c. 595, §2 (AMD). PL 1977, c. 112, §1 (AMD). PL 1977, c. 405, §3 (RPR). PL 1977, c. 688, §3 (AMD). PL 1977, c. 696, §193 (RPR). PL 1979, c. 127, §§151,152 (AMD). PL 1979, c. 738, §1 (AMD). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1104 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1104. Matching funds (REPEALED)

 §1104. Matching funds (REPEALED)SECTION HISTORY PL 1967, c. 439, §§1,2 (AMD). PL 1969, c. 495 (AMD). PL 1971, c. 593, §22 (AMD). PL 1973, c. 526 (AMD). PL 1973, c. 595, §3 (AMD). PL 1973, c. 788, §103 (AMD). PL 1977, c. 405, §4 (RP).
23 ME Rev Stat § 1105 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1105. Pro rata reduction of fund (REPEALED)

 §1105. Pro rata reduction of fund (REPEALED)SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1106 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1106. Towns pay share of joint fund to State Treasurer; exception (REPEALED)

 §1106. Towns pay share of joint fund to State Treasurer; exception (REPEALED)SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1107 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1107. Application of joint fund to state highways (REPEALED)

 §1107. Application of joint fund to state highways (REPEALED)SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1108 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1108. Use of joint fund with Town Road Improvement Fund (REPEALED)

 §1108. Use of joint fund with Town Road Improvement Fund (REPEALED)SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1975, c. 745, §2 (AMD). PL 1977, c. 405, §5 (RPR). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1109 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 9: STATE AID|23 §1109. Location of improvements from year to year; effect on state aid (REPEALED)

 §1109. Location of improvements from year to year; effect on state aid (REPEALED)SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1977, c. 405, §6 (AMD). PL 1981, c. 492, §C20 (RP).
23 ME Rev Stat § 1111 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 10: PERAMBULATION OF BOUNDARY LINE|23 §1111. Perambulation

 §1111. Perambulation The boundary line between the State of New Hampshire and the State of Maine, as established and marked in 1927, 1928 and 1929, under the public laws of 1927, chapter 21, shall be perambulated once in 7 years forever and the line marked and bounds renewed whenever necessary. The Governor shall appoint a surveyor from the Department of Transportation who shall, in conjunction with a duly authorized representative of the State of New Hampshire, perambulate the boundary line from Bryant's Rock at East Pond to the Canadian Line.   [PL 1977, c. 696, §194 (REEN).]SECTION HISTORY PL 1969, c. 504, §39 (NEW). PL 1971, c. 593, §22 (AMD). PL 1975, c. 771, §253 (AMD). PL 1977, c. 604, §5 (RP). PL 1977, c. 696, §194 (REEN).
23 ME Rev Stat § 1112 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 10: PERAMBULATION OF BOUNDARY LINE|23 §1112. Notice

 §1112. Notice The Governor shall authorize the Department of Transportation to notify and make such arrangements with the proper authorities of the State of New Hampshire as may be necessary to carry out this subchapter.   [PL 1975, c. 771, §254 (AMD).]SECTION HISTORY PL 1969, c. 504, §39 (NEW). PL 1971, c. 593, §22 (AMD). PL 1975, c. 771, §254 (AMD).
23 ME Rev Stat § 1113 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 10: PERAMBULATION OF BOUNDARY LINE|23 §1113. Return

 §1113. Return A return of the perambulation shall be made, describing the marks and monuments of such line and particularly describing any change of location or resetting of any monument as authorized in this subchapter, and such return shall be signed by the duly authorized representatives of both states and a copy filed with the Secretary of State.   [PL 1969, c. 504, §39 (NEW).]SECTION HISTORY PL 1969, c. 504, §39 (NEW).
23 ME Rev Stat § 1114 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 10: PERAMBULATION OF BOUNDARY LINE|23 §1114. Preservation of existing monuments

 §1114. Preservation of existing monuments No person shall willfully or maliciously disturb or injure, or, except as otherwise provided in this subchapter, remove, obliterate, deface or cover up any monument or mark designating this boundary line of the State. Any persons desirous of removing and replacing any such monument or mark may apply in writing to the Department of Transportation, who may grant permission therefor under its supervision, first making provision for preserving the exact location of the original boundary or mark, and giving notice to the State of New Hampshire of the time and place at which proposed action is to be taken. The monument shall be reset in the identical location from which it was removed or at a convenient distance therefrom upon the boundary line. A full description of any change in such monument or mark, signed by the representatives of both states, shall be recorded with the Secretary of State.   [PL 1971, c. 593, §22 (AMD).]SECTION HISTORY PL 1969, c. 504, §39 (NEW). PL 1971, c. 593, §22 (AMD).
23 ME Rev Stat § 1115 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 10: PERAMBULATION OF BOUNDARY LINE|23 §1115. Penalty

 §1115. Penalty Any person violating section 1114 shall be punished by a fine of not more than $50, or by imprisonment for not more than 6 months, or by both.   [PL 1969, c. 504, §39 (NEW).]SECTION HISTORY PL 1969, c. 504, §39 (NEW).
23 ME Rev Stat § 1116 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 10: PERAMBULATION OF BOUNDARY LINE|23 §1116. No expenses to be incurred until enactment of similar legislation by State of New Hampshire

 §1116. No expenses to be incurred until enactment of similar legislation by State of New Hampshire No work shall be done or money expended under this subchapter until similar legislation has been enacted by the State of New Hampshire.   [PL 1969, c. 504, §39 (NEW).]SECTION HISTORY PL 1969, c. 504, §39 (NEW).
23 ME Rev Stat § 1117 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 13: CONSTRUCTION, MAINTENANCE AND REPAIRS|Subchapter 10: PERAMBULATION OF BOUNDARY LINE|23 §1117. Adopt-A-Highway Program

 §1117. Adopt-A-Highway Program The Commissioner of Transportation shall adopt rules to establish the Adopt-A-Highway Program that permit business organizations and nonprofit community organizations to participate in litter control and beautification activities on all state highways and town ways. Notwithstanding any other provision of law, the rules adopted by the commissioner may permit the erection of signs to identify participating organizations, as long as the rules establish permissible dimensions for the sign. Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter II-A. The State, municipalities, the Maine Turnpike Authority and their employees are not liable to any person for damages arising out of any activities resulting from an Adopt-A-Highway Program.   [PL 1999, c. 152, Pt. G, §1 (AMD).]SECTION HISTORY PL 1997, c. 776, §1 (NEW). PL 1999, c. 152, §G1 (AMD).
23 ME Rev Stat § 1401 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 15: PROTECTION OF HIGHWAYS|Subchapter 2: INSTALLATIONS AND OBSTRUCTIONS|23 §1401. Installations restricted (REPEALED)

 §1401. Installations restricted (REPEALED)SECTION HISTORY PL 1983, c. 393 (AMD). PL 1985, c. 20 (AMD). PL 2003, c. 452, §L2 (RP). PL 2003, c. 452, §X2 (AFF).
23 ME Rev Stat § 1402 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 15: PROTECTION OF HIGHWAYS|Subchapter 2: INSTALLATIONS AND OBSTRUCTIONS|23 §1402. Removal of obstructions

 §1402. Removal of obstructions When logs, lumber or other obstructions, without necessity, are left within the limits of any highway right-of-way under the supervision and maintenance of or construction by the department, it may cause them to be removed, and shall not be liable for loss or damage thereof, unless occasioned by design or gross negligence. When no one appears to pay for the expense and trouble of removal, the department may sell at public auction so much thereof as is sufficient for that purpose, including charges of sale. The person through whose neglect or willful default they were left may be prosecuted as for a nuisance.   [PL 1971, c. 593, §22 (AMD).]SECTION HISTORY PL 1971, c. 593, §22 (AMD).
23 ME Rev Stat § 1501 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 1: GENERAL PROVISIONS|23 §1501. Matching federal funds

 §1501. Matching federal funds Upon application of the municipal officers of any municipality, the Department of Transportation may permit, subject to the statutes governing the allocation of highway funds to municipalities and the expenditure of same, such municipality to expend highway funds made available by the State to such municipality to match federal funds in the sponsoring of work projects for the improvement and construction of ways and bridges in such municipality. Nothing in this section shall be construed as authorizing the department or the municipal officers of any municipality to ignore or disregard an express authorization from the Legislature in regard to the use of any funds for any expressly designated purpose.   [PL 1971, c. 593, §22 (AMD).]SECTION HISTORY PL 1971, c. 593, §22 (AMD).
23 ME Rev Stat § 1502 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 1: GENERAL PROVISIONS|23 §1502. Anticipation of expenditure by towns (REPEALED)

 §1502. Anticipation of expenditure by towns (REPEALED)SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1981, c. 492, §C22 (RP).
23 ME Rev Stat § 1503 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 1: GENERAL PROVISIONS|23 §1503. -- approval of bills by controller (REPEALED)

 §1503. -- approval of bills by controller (REPEALED)SECTION HISTORY PL 1981, c. 492, §C23 (RP).
23 ME Rev Stat § 1551 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 2: ECONOMIC ADVISORY BOARD|23 §1551. Establishment; membership; compensation (REPEALED)

 §1551. Establishment; membership; compensation (REPEALED)SECTION HISTORY PL 1971, c. 593, §11 (RP).
23 ME Rev Stat § 1552 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 2: ECONOMIC ADVISORY BOARD|23 §1552. Issuance of bonds; duty of board (REPEALED)

 §1552. Issuance of bonds; duty of board (REPEALED)SECTION HISTORY PL 1971, c. 593, §11 (RP).
23 ME Rev Stat § 1553 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 2-A: BOND ISSUANCE|23 §1553. Issuance of bonds (REPEALED)

 §1553. Issuance of bonds (REPEALED)SECTION HISTORY PL 1971, c. 593, §§11-A (NEW). PL 1973, c. 537, §27 (RP). PL 1973, c. 625, §133 (RP).
23 ME Rev Stat § 1601 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 3: BONDS|23 §1601. Expenditure of proceeds; appropriation

 §1601. Expenditure of proceeds; appropriation The Treasurer of State by direction of the Governor shall negotiate the sale of all state highway bonds and state highway and bridge bonds. None of such bonds shall be sold for less than par value, nor shall any such bond be loaned, pledged or hypothecated in behalf of the State. The proceeds of the sales of such bonds shall be held by the Treasurer of State and paid by him upon proper warrants drawn for the purposes of chapters 1 to 19. The department shall apportion the money raised from the sale of state highway and state highway and bridge bonds in such manner as will carry into effect the several Acts authorizing such bond issues and conform to the Constitution and chapters 1 to 19.   [PL 1975, c. 771, §255 (AMD).]SECTION HISTORY PL 1971, c. 593, §22 (AMD). PL 1975, c. 771, §255 (AMD).
23 ME Rev Stat § 1602 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 3: BONDS|23 §1602. Appeal to Governor and Council on disagreement of commission (REPEALED)

 §1602. Appeal to Governor and Council on disagreement of commission (REPEALED)SECTION HISTORY PL 1973, c. 537, §28 (RP).
23 ME Rev Stat § 1603 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 3: BONDS|23 §1603. Bond proceeds not for compact parts of town; exception

 §1603. Bond proceeds not for compact parts of town; exception No funds for construction derived from any bond issue shall be expended on any highway within compact portions of any town, except in towns of less than 5,000 inhabitants, such compact portions to be determined by the department. This section shall not apply when funds derived from any bond issue are used to match federal funds for highway and bridge projects constructed within such compact sections.   [PL 1971, c. 593, §22 (AMD).]SECTION HISTORY PL 1971, c. 593, §22 (AMD).
23 ME Rev Stat § 1604 (2021)
2021 Maine Revised Statutes|TITLE 23: TRANSPORTATION|Part 1: STATE HIGHWAY LAW|Chapter 19: FISCAL MATTERS|Subchapter 3: BONDS|23 §1604. Transportation debt policy for capital planning purposes

 §1604. Transportation debt policy for capital planning purposes Due to the capital intensive nature of transportation investment and the dedicated nature of transportation revenue streams, the Department of Transportation shall plan its capital transportation program based upon the following assumed debt policies. Neither this section nor planning undertaken pursuant to this section authorizes the issuance of any debt. Debt may be issued only in accordance with applicable authorizing law.   [PL 2007, c. 470, Pt. C, §1 (NEW).]1.  Highway Fund general obligation bonding.  The rolling, 3-year average ratio of Highway Fund general obligation debt service payments to Highway Fund revenue must be assumed to be not more than 10%. Highway Fund general obligation bond terms must be assumed to be 10 years.   [PL 2007, c. 470, Pt. C, §1 (NEW).] 2.  GARVEE bonding.  The rolling, 3-year average ratio of GARVEE bond debt service payments to funds received from the Federal Highway Administration must be assumed to be not more than 15%, except that sufficient debt service capacity must be assumed to be reserved under the 15% level for a $25,000,000 GARVEE bond issuance for extraordinary, unprogrammed needs. GARVEE bonds must be assumed to have terms of not more than 15 years and to be available only for capital projects that have an anticipated useful life of at least 20 years. GARVEE bonds must be authorized by the Legislature as provided in section 1612. For purposes of this section, "GARVEE bond" has the same meaning as in section 1611.   [PL 2007, c. 470, Pt. C, §1 (NEW).] 3.  TransCap revenue bonding.  The level of TransCap revenue bonding as authorized by Title 30-A, section 6006-G is limited by the level of revenue authorized and exclusively dedicated to the Maine Municipal Bond Bank for debt service for such bonds and by bond issuer requirements. TransCap bonds must be assumed to have terms of not more than 15 years and to be available only for capital projects that have an anticipated useful life of at least as long as the bond term. TransCap bonds must be authorized by the Legislature as provided in Title 30-A, section 6006-G.   [PL 2009, c. 413, Pt. Q, §1 (AMD).] SECTION HISTORY PL 2007, c. 470, Pt. C, §1 (NEW). PL 2009, c. 413, Pt. Q, §1 (AMD).