LD 432 LR 1487(01)
An Act To Authorize a GARVEE Bond for the Interstate 95 Bridge at the Maine-New Hampshire State Line
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Hill of York
Committee: Transportation
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Other Special Revenue Funds $15,000,000 $0 $0 $0
Fiscal Detail and Notes
This bill provides for an issuance of GARVEE bonds in the 2012-2013 biennium for bridge repairs to the Interstate 95 bridge at the Maine and New Hampshire border.  The Department of Transportation will require an Other Special Revenue Funds allocation of $15,000,000 in fiscal year 2011-12.