124th MAINE LEGISLATURE
LD 856 LR 1279(01)
An Act To Ensure the Availability of Supplemental Educational Loans
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Raye of Washington
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential contingent liability - General Fund 
Fiscal Detail and Notes
Eliminating the cap placed on the principal amount of a certain type of bond that the Maine Educational Loan Authority may have outstanding at one time expands the pledge of the moral obligation of the State for student loan bonds.