Maine LD363: An Act to Authorize a General Fund Bond Issue to Create the School Capital Improvement Fund

What the bill says

An Act to Authorize a General Fund Bond Issue to Create the School Capital Improvement Fund Received by the Secretary of the Senate on January 30, 2025. Referred to the Committee on Appropriations and Financial Affairs pursuant to Joint Rule 308.2 and ordered printed. DAREK M. GRANT Secretary of the Senate Presented by Senator CARNEY of Cumberland. Cosponsored by Representative BOYER of Cape Elizabeth and Senators: HAGGAN of Penobscot, LIBBY of Cumberland, PIERCE of Cumberland, TEPLER of Sagadahoc, Representative: HEPLER of Woolwich. Printed on recycled paper.

From the engrossed text:

An Act to Authorize a General Fund Bond Issue to Create the School Capital Improvement Fund Received by the Secretary of the Senate on January 30, 2025. Referred to the Committee on Appropriations and Financial Affairs pursuant to Joint Rule 308.2 and ordered printed. DAREK M. GRANT Secretary of the Senate Presented by Senator CARNEY of Cumberland. Cosponsored by Representative BOYER of Cape Elizabeth and Senators: HAGGAN of Penobscot, LIBBY of Cumberland, PIERCE of Cumberland, TEPLER of Sagadahoc, Representative: HEPLER of Woolwich. Printed on recycled paper Be it enacted by the People of the State of Maine as follows: CONCEPT DRAFT SUMMARY This bill is a concept draft pursuant to Joint Rule 208. This bill would authorize a General Fund bond issue in order to create the School Capital Improvement Fund. The fund would be available to any school district, subject to eligibility criteria such as the condition and age of the school facility to be renovated or replaced. Funds would be available to school districts on a one-to-one matching basis. Page 1 - 132LR2256(01)

Read the full official text

Sponsors

• Anne Carney (D, 29) · primary sponsor
• Michelle Boyer (D, 123)
• David Haggan (R, 10)