Maine legislation · 132nd Legislature
Maine LD826: An Act to Authorize a General Fund Bond Issue to Establish the School Energy Savings Revolving Loan Fund
Status: Failed, April 29, 2026
What the bill says
An Act to Authorize a General Fund Bond Issue to Establish the School Energy Savings Revolving Loan Fund Reference to the Committee on Appropriations and Financial Affairs suggested and ordered printed. DAREK M. GRANT Secretary of the Senate Presented by Senator PIERCE of Cumberland. Cosponsored by Representative MURPHY of Scarborough and Senator: RAFFERTY of York, Representatives: CLOUTIER of Lewiston, GATTINE of Westbrook, KUHN of Falmouth, MITCHELL of Cumberland, SARGENT of York. Printed on recycled paper Preamble…
From the introduced text:
An Act to Authorize a General Fund Bond Issue to Establish the School Energy Savings Revolving Loan Fund Reference to the Committee on Appropriations and Financial Affairs suggested and ordered printed. DAREK M. GRANT Secretary of the Senate Presented by Senator PIERCE of Cumberland. Cosponsored by Representative MURPHY of Scarborough and Senator: RAFFERTY of York, Representatives: CLOUTIER of Lewiston, GATTINE of Westbrook, KUHN of Falmouth, MITCHELL of Cumberland, SARGENT of York. Printed on recycled paper Preamble. Two thirds of both Houses of the Legislature deeming it necessary in accordance with the Constitution of Maine, Article IX, Section 14 to authorize the issuance of bonds on behalf of the State of Maine to provide funds as described in this Act, Be it enacted by the People of the State of Maine as follows: PART A Sec. A-1. Authorization of bonds. The Treasurer of State is authorized, under the direction of the Governor, to issue bonds in the name and on behalf of the State in an amount not exceeding $10,000,000 for the purposes described in section 5 of this Part. The bonds are a pledge of the full faith and credit of the State. The bonds may not run for a period longer than 10 years from the date of the original issue of the bonds. Sec. A-2. Records of bonds …
Sponsors
- Teresa Pierce (D, 25) · primary sponsor