LD 1377
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LD 1377 Title Page An Act to Credit a Town for Payment from Local Funds for School Construction ... Page 2 of 2
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LR 255
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 20-A MRSA §15903, sub-§3, ķA, as amended by PL 1985, c. 785,
Pt. A, §93, is further amended to read:

 
A. The Bureau of Public Improvements General Services,
Department of Administration Administrative and Financial
Services;

 
Sec. 2. 20-A MRSA §15905, sub-§1, ķA, as amended by PL 1999, c. 731,
Pt. YY, §3, is further amended to read:

 
A. The state board may approve projects as long as no
project approval will cause debt service costs, as defined
in section 15603, subsection 8, paragraph A, to exceed the
maximum limits specified in Table 1 in subsequent fiscal
years.

 
Table 1

 
Fiscal year Maximum Debt Service Limit

 
1990$ 48,000,000

 
1991$ 57,000,000

 
1992$ 65,000,000

 
1993$ 67,000,000

 
1994$ 67,000,000

 
1995$ 67,000,000

 
1996$ 67,000,000

 
1997$ 67,000,000

 
1998$ 67,000,000

 
1999$ 69,000,000

 
2000$ 72,000,000

 
2001$ 74,000,000

 
2002$ 74,000,000

 
2003$ 80,000,000

 
2004$ 80,000,000

 
2005$ 84,000,000

 
2005$ 94,000,000

 
2006$ 96,000,000

 
Sec. 3. 30-A MRSA §6006-F, sub-§3, ķA, as enacted by PL 1997, c. 787,
§13, is amended to read:

 
A. To make loans to school administrative units for school
repair and renovation, including a renovation or repair
required to mitigate a school facility issue that poses a
serious health or safety emergency.


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