125th MAINE LEGISLATURE
LD 852 LR 1208(03)
An Act To Authorize a General Fund Bond Issue To Support Maine's Natural Resource-based Economy
Fiscal Note for House Amendment "   " to Committee Amendment "A"
Sponsor: Rep. McCabe of Skowhegan
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium cost increase - General Fund
Bond Issues Term (years) Principal Rate (%) Interest Total Cost
General Fund - Non-Taxable 10 $5,000,000 4.5% $1,237,500 $6,237,500
Fiscal Detail and Notes
The amendment increases from $5,000,000 to $10,000,000 the amount of the General Fund bond issue authorized under the bill to purchase land and conservation easements.