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128th MAINE LEGISLATURE |
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LD 905 |
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LR 861(01) |
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An Act To
Authorize the Construction of a Maine Turnpike Connector to Gorham |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Rep. McLean of Gorham |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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Potential current biennium cost increase - Maine Turnpike
Authority
Potential current biennium revenue increase - Maine Turnpike Authority |
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| Fiscal Detail
and Notes |
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This bill requires
the Maine Turnpike Authority (MTA) to construct a connector from South Gorham
to an interchange on the Maine Turnpike after completing an evaluation of
reasonable alternatives. The MTA would
incur costs to plan, design and construct this project. The bill allows the MTA to issue bonds in
an amount not to exceed $150,000,000 for these costs. The bonds would be paid off from tolls
levied by the MTA. |
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